ABM Industries Inc. (NYSE:ABM) on Tuesday reported mixed fiscal first-quarter results.

Revenue totaled $2.244 billion, up 6.1% year over year and above the $2.193 billion analyst estimate. Adjusted EPS was 83 cents, missing the 87 cents consensus estimate.

"ABM is off to a solid start to fiscal 2026, delivering strong organic revenue growth of 5.5% and meaningful improvement in operating cash flow and free cash flow," said Scott Salmirs, President and Chief Executive Officer.

ABM affirmed its fiscal 2026 outlook, expecting organic revenue growth of 3% to 4% and total revenue growth of 4% to 5%. The company continues to project adjusted EPS of $3.85 to $4.15, compared with the $3.99 analyst estimate.

ABM shares gained 0.4% to trade at $41.45 on Wednesday.

These analysts made changes to their price targets on ABM following earnings announcement.

• Baird analyst Andrew Wittmann maintained ABM with a Neutral and lowered the price target from $52 to $45.
• Truist Securities analyst Jasper Bibb maintained the stock with a Hold and lowered the price target from $47 to $45.

Considering buying ABM stock? Here’s what analysts think:

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