ABM Industries (ABM) Posts Q2 Earnings Rise, Ups Annual Guidance

NEW YORK (AP) — ABM Industries Inc. (NYSE: ABM) reported higher fiscal second-quarter earnings on June 5, 2026, beating Wall Street forecasts and raising its full-year profit outlook. Net income rose 15% to $98.5 million, or $1.50 per share, compared with $85.6 million, or $1.30 per share, in the year-ago period. Adjusted earnings of $1.20 per share topped analyst estimates of $1.12. Revenue grew 8% to $2.15 billion, driven by new client wins in its technical solutions segment. The facility management company lifted its 2026 adjusted EPS guidance to $4.80–$5.00, up from a prior range of $4.60–$4.85, citing robust demand for energy and engineering services. Shares gained 2.3% in premarket trading following the release.