ABM Isn’t Just Cleaning Buildings Anymore — Its Data Center Pipeline Is Multiplying
ABM stock jumps 7% after beating Q3 2026 earnings estimates, boosted by semiconductor and data center growth. Read the snapshot.
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Filed: 2026-09-08 AccNo: 0001193125-26-384364 Size: 786 KB Item 2.02: Results of Operations and Financial Condition Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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ABM stock jumps 7% after beating Q3 2026 earnings estimates, boosted by semiconductor and data center growth. Read the snapshot.
ABM Industries reported Q3 2026 revenue of $2.32 billion, up 4.2% year-over-year, beating consensus estimates by 0.71%. EPS of $1.04 exceeded expectations of $1.01 by 2.97%. Segment performance was mixed, with strong growth in Aviation (+12.4%) and Manufacturing & Distribution (+17.6%), offset by weakness in Business & Industry (-2.6%). The stock holds a Zacks Rank #3 (Hold) rating and has underperformed the S&P 500 over the past month.
ABM Industries reported Q3 2026 earnings of $1.04 per share, beating consensus estimates of $1.01, with revenues of $2.32 billion exceeding expectations by 0.71%. However, the stock has underperformed the S&P 500 year-to-date, gaining 11.2% versus the market's 12.8%. The company received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market. The Business - Services industry ranks in the bottom 24% of Zacks industries.