ABM Industries (ABM) Misses Q1 EPS by 4c, Beats on Revenue; Offers Guidance

ABM Industries (NYSE: ABM) reported Q1 EPS of $0.83, $0.04 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.19 billion.

The Company’s fiscal 2026 outlook remains unchanged. The Company continues to expect organic revenue growth of 3% to 4% and total revenue growth of 4% to 5%. Segment operating margin, defined as total segment operating profit divided by total revenue, is projected to be between 7.8% and 8.0%, and adjusted EPS is expected to be in the range of $3.85 to $4.15, before any impact from prior-year self-insurance adjustments.

Interest expense is forecast to be between $95 million and $105 million, and the normalized tax rate is expected to be between 29% and 30%, excluding discrete and non-taxable items.

The Company cannot provide a reconciliation of forward-looking non-GAAP segment operating margin or adjusted EPS to the corresponding GAAP measure without unreasonable effort due to the uncertainty of timing and the magnitude of items such as acquisition and integration related costs, legal costs and other settlements. These items are inherently difficult to forecast and may result in a GAAP range that is too large and variable to be meaningful.

For earnings history and earnings-related data on ABM Industries (ABM) click here.

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