By Connor Hart

ABM Industries reported higher profit and revenue in its fiscal second quarter, saying demand trends remain healthy across the majority of its end markets.

The company, which offers cleaning and heating, ventilation and air conditioning services, on Friday posted a profit of $43.1 million, or 73 cents a share, for its three months ended April 30. That compares with a profit of $42.2 million, or 67 cents a share, a year earlier.

Stripping out one-time items, earnings came in at 90 cents a share. Analysts polled by FactSet expected adjusted earnings of 88 cents a share.

Revenue climbed 8.4% to $2.29 billion, ahead of Wall Street models for $2.21 billion. The increase reflects organic growth of 6.1% and acquisition growth of 2.3%, the company said.

"The investments we have made in organic growth and acquisitions, along with our healthy backlog and constructive end-market conditions, have positioned us well for a strong second half," Chief Executive Scott Salmirs said.

Looking forward, ABM said it now expects organic revenue growth to come in near the high end of its previously guided 3%-to-4% range, and for total revenue growth to also hit the top end of its forecast for between 4% and 5%.

The company backed its adjusted-earnings outlook of $3.85 to $4.15 a share, compared with analyst views for $3.96 a share.

Shares were up 3.3% to $41.20 in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 05, 2026 07:35 ET (11:35 GMT)

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