ABM Industries Beat Expectations

ABM Industries (ABM) reported earnings of $0.87 per share on revenue of $2.11 billion for the fiscal first quarter ended January 2025. The consensus earnings estimate was $0.78 per share on revenue of $2.10 billion. The Earnings Whisper number was $0.80 per share. The company beat expectations by 8.75% while revenue grew 2.19% on a year-over-year basis.

The company said it expects fiscal 2025 earnings of $3.65 to $3.80 per share. The company's previous guidance was earnings of $3.60 to $3.80 per share and the current consensus earnings estimate is $3.71 per share for the year ending October 31, 2025.

ABM is one of the world’s largest providers of integrated facility services.