Overview
Facility solutions provider's Q4 revenue slightly beat analyst expectations
Adjusted EPS for Q4 missed analyst expectations
Company repurchased $73 mln of shares in Q4
Outlook
ABM expects fiscal 2026 adjusted EPS between $3.85 and $4.15
Company forecasts 2026 organic revenue growth of 3% to 4%
ABM anticipates total 2026 revenue growth of 4% to 5% with WGNSTAR acquisition
Result Drivers
TECHNICAL SOLUTIONS - Strong performance with 16% growth driven by increased microgrid project activity
NEW CLIENT WINS - Manufacturing & Distribution and Aviation segments grew due to new client wins and expansions
RESTRUCTURING IMPACT - Adjusted EPS impacted by prior year self-insurance adjustments and restructuring costs
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Slight Beat* | $2.3 bln | $2.28 bln (7 Analysts) |
Q4 Adjusted EPS | Miss | $0.88 | $1.09 (7 Analysts) |
Q4 EPS | $0.56 | ||
Q4 Adjusted Net Income | Miss | $54.7 mln | $66.40 mln (6 Analysts) |
Q4 Net Income | $34.80 mln | ||
Q4 Adjusted EBITDA | Miss | $124.20 mln | $147.70 mln (7 Analysts) |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy"
Wall Street's median 12-month price target for ABM Industries Inc is $55.00, about 20.2% above its December 16 closing price of $45.74
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago
Press Release: ID:nGNXpn3ch
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)