Stock Track | ABM Industries Plummets 5.82% Intraday on Q1 Earnings Miss

Stock Track

03/10

ABM Industries Inc. (ABM) stock plummeted 5.82% in early trading on Tuesday, following the release of its fiscal first-quarter 2026 results.

The company reported adjusted earnings per share of $0.83, missing the analyst consensus estimate of $0.87. This represents a 4.6% decrease compared to the $0.87 per share reported in the same period last year. While quarterly revenue of $2.244 billion surpassed estimates, key profitability metrics fell short of expectations.

According to the earnings report, ABM's adjusted EBITDA was $117.8 million, below the estimate of $127.1 million, and adjusted net income of $50.4 million also missed the projected $53.2 million. The earnings miss appears to be the primary catalyst for the sharp decline in share price during the trading session.

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(ABM) stock plummeted 5.82% in early trading on Tuesday, following the release of its fiscal first-quarter 2026 results.</p><p>The company reported adjusted earnings per share of $0.83, missing the analyst consensus estimate of $0.87. This represents a 4.6% decrease compared to the $0.87 per share reported in the same period last year. While quarterly revenue of $2.244 billion surpassed estimates, key profitability metrics fell short of expectations.</p><p>According to the earnings report, ABM's adjusted EBITDA was $117.8 million, below the estimate of $127.1 million, and adjusted net income of $50.4 million also missed the projected $53.2 million. 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