ABM Stock Price Decreases 5% Since Reporting Q3 Earnings Miss
ABM ABM has reported mixed third-quarter fiscal 2025 results. Earnings per share (EPS) missed the Zacks Consensus Estimate, while revenues beat the same.
Dismal earnings results disappointed investors, as the ABM stock has declined 4.6% since the release of results on Sept. 5.
ABM’s EPS (excluding 16 cents from non-recurring items) was 82 cents, which missed the Zacks Consensus Estimate by 13.7% and declined 12.8% year over year. Total revenues of $2.2 billion surpassed the consensus mark by 2.8% and increased 6.2% from the year-ago quarter.
The company’s shares have declined 6.5% in the past year compared with the1.7% decline of the industry and the 18.9% rise of the Zacks S&P 500 composite.
ABM Industries…
