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ABM Industries posts $49.7 million fiscal Q3 profit, raises adjusted EPS to $1.04

AI Market Summary
ABM Industries reported fiscal Q3 results ahead of consensus, with adjusted EPS of 1.04 versus 1.01 and revenue of 2.32B versus 2.30B. The company reiterated full-year EPS guidance of 3.95–4.10, reinforcing earnings resilience in commercial services. While positive for ABM’s equity, the read-through for broader markets is limited given the company’s size and sector specificity.
Impact level
● Low
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▲ Bullish
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ABM Industries reported fiscal third-quarter net income of $49.7 million, or $0.84 per share. Adjusted earnings came in at $1.04 per share, topping the $1.01 consensus from three analysts surveyed by Zacks. Revenue totaled $2.32 billion, above the $2.3 billion estimate. The company forecast full-year earnings of $3.95 to $4.10 per share.