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ABM Stock Price Decreases 11% Since Reporting Q1 Earnings Miss

ABM Stock Price Decreases 11% Since Reporting Q1 Earnings Miss

ABM ABM reported mixed first-quarter fiscal 2026 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 10.7% since the release of results on March 10.

ABM’s EPS (excluding 19 cents from non-recurring items) was 83 cents, which missed the Zacks Consensus Estimate by 4.6% and declined 4.6% year over year. Total revenues of $2.3 billion surpassed the consensus mark by 1.3% and gained 6.1% from the year-ago quarter.

The company’s shares have lost 15.3% in the past year compared with the 24.3% decline of the industry and the 25% rise of the Zacks S&P 500 composite.

ABM Industries Incorporated…

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