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ABM Industries (ABM) Q3 Earnings Lag Estimates
ZACKSยท 2025-09-05 13:16
Group 1: Earnings Performance - ABM Industries reported quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.95 per share, and down from $0.94 per share a year ago, representing an earnings surprise of -13.68% [1][2] - The company posted revenues of $2.22 billion for the quarter ended July 2025, surpassing the Zacks Consensus Estimate by 2.75%, and an increase from year-ago revenues of $2.09 billion [3] Group 2: Market Performance and Outlook - ABM Industries shares have declined approximately 6% since the beginning of the year, contrasting with the S&P 500's gain of 10.6% [4] - The current consensus EPS estimate for the upcoming quarter is $1.06 on revenues of $2.26 billion, and for the current fiscal year, it is $3.74 on revenues of $8.65 billion [8] Group 3: Industry Context - The Business - Services industry, to which ABM Industries belongs, is currently in the top 23% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]