ABM stock reports record revenue and raises its 2026 outlook
Published on 10/04/2026 at 22:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSABM Industries stock (ISIN US0009571003) was last at USD 48.97 on the NYSE on October 2, 2026, after the company reported fiscal Q3 revenue of USD 2.32 billion and raised its full-year outlook. The quarterly revenue record increased 4.2 percent from the prior-year period, giving the facilities-services provider a stronger earnings base for the final quarter.
Revenue record supports higher guidance
According to Nasdaq on September 8, 2026, ABM generated fiscal Q3 revenue of USD 2.32 billion, with organic growth of 2.1 percent and acquisition-related growth of 2.1 percent. The company raised fiscal 2026 adjusted EPS guidance to USD 3.95-USD 4.10 from USD 3.85-USD 4.15, lifting the midpoint from USD 4.00 to USD 4.025.
The earnings mix also improved. Yahoo Finance reported that adjusted EPS reached USD 1.04 in fiscal Q3, up 27 percent year over year, while revenue exceeded the consensus estimate of USD 2.30 billion by USD 20 million. Manufacturing and Distribution revenue rose 17.6 percent to USD 481 million, and Aviation revenue increased 12.5 percent to USD 328.1 million.
Cash flow rises while margins reset
ABM also raised its fiscal 2026 reported free cash flow outlook to USD 210 million from USD 185 million, a USD 25 million increase. Operating cash flow for fiscal Q3 reached USD 146.8 million, while the finance data for the quarter shows net income of USD 49.7 million and diluted GAAP EPS of USD 0.84.
The outlook is not uniformly higher. Nasdaq reported that the fiscal 2026 segment operating margin forecast moved to 7.7-7.8 percent from 7.8-8.0 percent, showing that growth and cash generation are advancing alongside margin pressure in parts of the portfolio.
Analyst target stays above the stock
According to Investing.com, the consensus is Buy from 8 analysts, with an average 12-month price target of USD 55.93, a high target of USD 68.00 and a low target of USD 49.00. The average target lies 14.21 percent above the USD 48.97 price on October 2, 2026, leaving the market to weigh stronger cash generation against the lower margin outlook.
ABM stock remains below its yearly high
ABM stock was last at USD 48.97 on the NYSE on October 2, 2026, up USD 0.51 or 1.05 percent from the prior close. The session range was USD 48.76-USD 49.40, the 52-week range was USD 36.96-USD 51.29, volume was 370,082 shares and market capitalization was USD 2.9 billion.
ABM stock key facts
- Company: ABM Industries Inc.
- ISIN: US0009571003
- Ticker: ABM
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 48.97
- Market capitalization: USD 2.9 billion (as of October 2, 2026)
- 52-week range: USD 36.96-USD 51.29 (as of October 2, 2026)
- Sector / Industry: Industrials / Specialty Business Services
