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ABM Stock Price Increases 11% Since Reporting Q2 Earnings Miss

ABM Stock Price Increases 11% Since Reporting Q2 Earnings Miss

ABM Industries Incorporated ABM reported mixed second-quarter fiscal 2026 results. Earnings per share (EPS) missed the Zacks Consensus Estimate, while revenues beat the same.

Despite the lower-than-expected earnings results, the stock rallied 10.9% following the earnings release on June 5.

ABM posted adjusted earnings of 90 cents per share in the second quarter of fiscal 2026, up 4.7% from the year-ago period but missing the Zacks Consensus Estimate of 92 cents by 2.2%.

Quarterly revenues rose 8.4% year over year to $2.29 billion and beat the consensus mark of $2.22 billion by 2.9%. Performance was supported by record first-half sales bookings, with strength led by Technical Solutions and Aviation.

ABM Industries…

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