Stock Track | ABM Industries Soars 9.03% in Pre-Market on Strong Q2 Earnings Beat and Reaffirmed Guidance

Stock Track

06/05

ABM Industries Inc. saw its stock price surge 9.03% in pre-market trading on Friday, following the release of its fiscal second quarter 2026 financial results.

The facility services provider reported adjusted earnings per share of $0.90, beating the consensus estimate of $0.87. Revenue came in at $2.3 billion, also exceeding expectations of $2.214 billion and representing an 8.4% increase year-over-year. The company highlighted strong organic growth of 6.1% and record first-half new sales bookings of $1.2 billion.

Management reaffirmed its fiscal 2026 adjusted EPS outlook of $3.85 to $4.15 and now expects both organic and total revenue growth toward the top end of their respective ranges. The positive earnings surprise and confident guidance appear to be driving investor optimism in the pre-market session.

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