ABM Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga
06-06

ABM Industries Incorporated (NYSE:ABM) will release its second-quarter financial results before the opening bell on Friday, June 6.

Analysts expect the New York-based company to report quarterly earnings at 86 cents per share, down from 87 cents per share in the year-ago period. ABM projects quarterly revenue of $2.06 billion, compared to $2.02 billion a year earlier, according to data from Benzinga Pro.

On March 12, the company reported that its sales grew 2.2% year over year to $2.11 billion in the first quarter, beating the consensus of $2.09 billion.

ABM shares fell 2.1% to close at $51.26 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • UBS analyst Joshua Chan maintained a Neutral rating and cut the price target from $56 to $50 on March 13, 2025. This analyst has an accuracy rate of 67%.
  • Truist Securities analyst Jasper Bibb maintained a Hold rating and boosted the price target from $49 to $55 on Sept. 9, 2024. This analyst has an accuracy rate of 78%.
  • Baird analyst Andrew Wittmann maintained a Neutral rating and raised the price target from $49 to $56 on Sept. 9, 2024. This analyst has an accuracy rate of 78%.

Considering buying ABM stock? Here’s what analysts think:

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