ABM Industries 3Q adj. EBITDA $125.8M, est. $131.2M

ABM Industries 3Q adj. EBITDA $125.8M, est. $131.2M

ABM Industries Inc. (ABM) reported its third quarter (Q3) earnings on Friday, September 5, 2025. The company posted adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $125.8 million, slightly below the estimated $131.2 million [2]. ABM shares gained 0.6% to close at $48.40 in after-hours trading following the announcement [1].

ABM's revenue for the quarter was $2.15 billion, an increase of 4% year-over-year (YoY) [1]. The company's adjusted earnings per share (EPS) were 95 cents, up from 94 cents in the same period last year [2]. This performance aligns with the expectations set by analysts, who anticipated earnings of 95 cents per share and revenue of $2.15 billion [2].

On June 18, ABM entered into a strategic partnership with Nashville Yards, which is expected to expand the company's urban facility services [2]. This partnership may have contributed to the company's revenue growth and could potentially impact future earnings.

Analysts have revised their expectations for ABM following the earnings report. Truist Securities analyst Jasper Bibb upgraded the stock from Hold to Buy and raised the price target from $55 to $58 [2]. Baird analyst Andrew Wittmann upgraded the stock from Neutral to Outperform with a price target of $56 [2]. UBS analyst Joshua Chan upgraded the stock from Neutral to Buy and boosted the price target from $50 to $54 [2].

ABM Industries continues to show signs of growth, with a strategic partnership and positive analyst revisions. Investors should closely monitor the company's progress as it navigates the urban facility services market.

References:
[1] https://www.benzinga.com/news/25/09/47515544/abm-industries-broadcom-and-3-stocks-to-watch-heading-into-friday
[2] https://www.benzinga.com/analyst-stock-ratings/price-target/25/09/47515618/top-wall-street-forecasters-revamp-abm-expectations-ahead-of-q3-earnings