From Financial Modeling Prep: 2025-03-12 12:31:00

ABM Industries (NYSE:ABM) reported mixed first-quarter results, beating profit estimates but missing revenue expectations. Shares fell by 9% intraday. The company posted an adjusted EPS of $0.87, above analysts’ $0.76 forecast. Revenue reached $2.1 billion, slightly below consensus but up 2.2% year-over-year. Net income decreased to $43.6 million, with adjusted EBITDA rising to $120.6 million.

ABM Industries slightly raised its full-year earnings guidance, now expecting adjusted EPS between $3.65 and $3.80, up from the previous range of $3.60 to $3.80. The company also reaffirmed its adjusted EBITDA margin outlook of 6.3% to 6.5%, maintaining a cautious yet steady approach in response to market dynamics.



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