ABM Industries, Inc. (ABM)

NYSEIndustrialsSpecialty Business ServicesSnapshot 2026-10-23

$53.67-0.39%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge ABM Industries, Inc.’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

0.0%

+10% or more+5%0%−5%−10% or less

4.35 → 4.35 EPS · FY ending Oct 31, 2027 · 6 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 6; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-10-31
Revenue	—	2.37B
EPS	—	1.246
Quarter ending 2027-01-31
Revenue	—	2.31B
EPS	—	0.896
Annual ending 2026-10-31
Revenue	—	9.22B
EPS	—	4.007
Annual ending 2027-10-31
Revenue	—	9.54B
EPS	—	4.353

Management figures unavailable.

What the Thesis Depends On

4 published thesis conditions, with dated milestones shown separately.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
Maintain quarterly dividend at $0.29 per share	Dividend stays steady at $0.29 per share.	Intact	Dividend per share falls below $0.29	Dividend per share: $0.29 per share FY2026-Q3; GAAP. Published target: $0.29 quarterly dividend. Target period is not explicitly aligned with this observation. Source published Sep 8, 20260.29 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jul 31, 2026 Source: company_financial_results. Reference: 8b9369c2-9ea1-4ea6-95cb-355ec463fa62. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. The quarterly dividend was consistently declared at $0.29 per share in 2026-Q1 through 2026-Q3. This reflects management's commitment to maintaining stable capital return to shareholders. Delivery assessment Oct 24, 2026
Maintain EPS guidance of $3.85 to $4.15 for 2026	The company maintains EPS guidance of $3.85 to $4.15.	Intact	EPS guidance falls below $3.85 for FY26	Diluted EPS: $0.84 per share FY2026-Q3; GAAP. Published target: $3.85 to $4.15 EPS. Target period is not explicitly aligned with this observation. Source published Sep 8, 20260.84 USD/share · source valueSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jul 31, 2026 Source: company_financial_results. Reference: 8b9369c2-9ea1-4ea6-95cb-355ec463fa62. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Adjusted EPS guidance remained in the $3.85 to $4.15 range, with the midpoint raised to $4.025 in 2026-Q3. Actual diluted EPS grew from $0.64 in 2026-Q1 to $0.84 in 2026-Q3, indicating progress toward the annual EPS target. Delivery assessment Oct 24, 2026
Maintain operating margin near 7.8% to 8.0%	Profit margin is expected near 8%.	Under Pressure	Operating margin falls below 7.5% in FY26 Q4	Operating margin: 3.95% FY2026-Q3; GAAP. Published target: 7.8% to 8.0% operating margin. Target period is not explicitly aligned with this observation. Source published Sep 8, 20263.948902 percent · calculatedSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jul 31, 2026 Source: company_financial_results. Reference: 8b9369c2-9ea1-4ea6-95cb-355ec463fa62. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement.
Achieve 4% to 5% total revenue growth in 2026	A primary condition in ABM Industries, Inc.'s published investment case. The stated target is 4% to 5% YoY revenue growth.	Improving	YoY revenue growth falls below 4% in FY26	Revenue growth: 4.19% FY2026-Q3; GAAP. Published target: 4% to 5% YoY revenue growth. Target period is not explicitly aligned with this observation. Source published Sep 8, 20264.186151 percent · calculatedSource reportLast status assessment Oct 24, 2026 Measurement source consolidated · GAAP FY2026-Q3 · Period ending Jul 31, 2026 Source: company_financial_results. Reference: 8b9369c2-9ea1-4ea6-95cb-355ec463fa62. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 3 quarters. Revenue grew from $2.22 billion in 2025-Q3 to $2.32 billion in 2026-Q3, a 4.2% increase. Management consistently expects total revenue growth toward the top end of the 4% to 5% range for fiscal 2026, reflecting delivery on this priority. Delivery assessment Oct 24, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-10-31 · fmp

FY2027 EPS$4.35

$4.35 → $4.35 · observed estimates

FY2027 revenue$9.54B

$9.56B → $9.54B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$4.35	$9,556,444,353	5 / 6
2026-07-25	$4.35	$9,556,444,353	5 / 6
2026-07-26	$4.35	$9,556,444,353	5 / 6
2026-07-27	$4.35	$9,556,444,353	5 / 6
2026-07-28	$4.35	$9,556,444,353	5 / 6
2026-07-29	$4.35	$9,556,444,353	5 / 6
2026-07-30	$4.35	$9,556,444,353	5 / 6
2026-07-31	$4.35	$9,556,444,353	5 / 6
2026-08-01	$4.35	$9,556,444,353	5 / 6
2026-08-02	$4.35	$9,556,444,353	5 / 6
2026-08-03	$4.35	$9,556,444,353	5 / 6
2026-08-04	$4.35	$9,556,444,353	5 / 6
2026-08-05	$4.35	$9,556,444,353	5 / 6
2026-08-06	$4.35	$9,556,444,353	5 / 6
2026-08-07	$4.35	$9,556,444,353	5 / 6
2026-08-08	$4.35	$9,556,444,353	5 / 6
2026-08-09	$4.35	$9,556,444,353	5 / 6
2026-08-10	$4.35	$9,556,444,353	5 / 6
2026-08-11	$4.35	$9,556,444,353	5 / 6
2026-08-12	$4.35	$9,556,444,353	5 / 6
2026-08-13	$4.35	$9,556,444,353	5 / 6
2026-08-14	$4.35	$9,556,444,353	5 / 6
2026-08-15	$4.35	$9,556,444,353	5 / 6
2026-08-16	$4.35	$9,556,444,353	5 / 6
2026-08-17	$4.35	$9,556,444,353	5 / 6
2026-08-18	$4.35	$9,556,444,353	5 / 6
2026-08-19	$4.35	$9,556,444,353	5 / 6
2026-08-20	$4.35	$9,556,444,353	5 / 6
2026-08-21	$4.35	$9,556,431,853	5 / 6
2026-08-22	$4.35	$9,556,431,853	5 / 6
2026-08-23	$4.35	$9,556,431,853	5 / 6
2026-08-24	$4.35	$9,556,431,853	5 / 6
2026-08-25	$4.35	$9,556,431,853	5 / 6
2026-08-26	$4.35	$9,556,431,853	5 / 6
2026-08-27	$4.35	$9,556,431,853	5 / 6
2026-08-28	$4.35	$9,556,431,853	5 / 6
2026-08-29	$4.35	$9,556,431,853	5 / 6
2026-08-30	$4.35	$9,556,431,853	5 / 6
2026-08-31	$4.35	$9,556,431,853	5 / 6
2026-09-01	$4.35	$9,556,431,853	5 / 6
2026-09-02	$4.35	$9,556,431,853	5 / 6
2026-09-03	$4.35	$9,556,431,853	5 / 6
2026-09-04	$4.35	$9,556,431,853	5 / 6
2026-09-05	$4.35	$9,556,431,853	5 / 6
2026-09-06	$4.35	$9,556,431,853	5 / 6
2026-09-07	$4.35	$9,556,431,853	5 / 6
2026-09-08	$4.35	$9,556,431,853	5 / 6
2026-09-09	$4.36	$9,561,721,933	5 / 5
2026-09-10	$4.36	$9,539,471,933	6 / 6
2026-09-11	$4.36	$9,539,471,933	6 / 6
2026-09-12	$4.36	$9,539,471,933	6 / 6
2026-09-13	$4.35	$9,541,721,933	6 / 6
2026-09-14	$4.35	$9,541,721,933	6 / 6
2026-09-15	$4.35	$9,541,721,933	6 / 6
2026-09-16	$4.35	$9,541,721,933	6 / 6
2026-09-17	$4.35	$9,541,721,933	6 / 6
2026-09-18	$4.35	$9,541,721,933	6 / 6
2026-09-19	$4.35	$9,541,721,933	6 / 6
2026-09-20	$4.35	$9,541,721,933	6 / 6
2026-09-21	$4.35	$9,541,721,933	6 / 6
2026-09-22	$4.35	$9,541,721,933	6 / 6
2026-09-23	$4.35	$9,541,721,933	6 / 6
2026-09-24	$4.35	$9,541,721,933	6 / 6
2026-09-25	$4.35	$9,541,721,933	6 / 6
2026-09-26	$4.35	$9,541,721,933	6 / 6
2026-09-27	$4.35	$9,541,721,933	6 / 6
2026-09-28	$4.35	$9,541,721,933	6 / 6
2026-09-29	$4.35	$9,541,721,933	6 / 6
2026-09-30	$4.35	$9,541,721,933	6 / 6
2026-10-01	$4.35	$9,541,721,933	6 / 6
2026-10-02	$4.35	$9,541,721,933	6 / 6
2026-10-03	$4.35	$9,541,721,933	6 / 6
2026-10-04	$4.35	$9,541,721,933	6 / 6
2026-10-05	$4.35	$9,541,721,933	6 / 6
2026-10-06	$4.35	$9,541,721,933	6 / 6
2026-10-07	$4.35	$9,541,721,933	6 / 6
2026-10-08	$4.35	$9,541,721,933	6 / 6
2026-10-09	$4.35	$9,541,721,933	6 / 6
2026-10-10	$4.35	$9,541,721,933	6 / 6
2026-10-11	$4.35	$9,541,721,933	6 / 6
2026-10-12	$4.35	$9,541,721,933	6 / 6
2026-10-13	$4.35	$9,541,721,933	6 / 6
2026-10-14	$4.35	$9,541,721,933	6 / 6
2026-10-15	$4.35	$9,541,721,933	6 / 6
2026-10-16	$4.35	$9,541,721,933	6 / 6
2026-10-17	$4.35	$9,541,721,933	6 / 6
2026-10-18	$4.35	$9,541,721,933	6 / 6
2026-10-19	$4.35	$9,541,721,933	6 / 6
2026-10-20	$4.35	$9,541,721,933	6 / 6
2026-10-21	$4.35	$9,541,721,933	6 / 6
2026-10-22	$4.35	$9,541,721,933	6 / 6
2026-10-23	$4.35	$9,541,721,933	6 / 6
2026-10-24	$4.35	$9,541,721,933	6 / 6

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	3	5
2026-06-01	3	5
2026-07-01	3	5
2026-08-01	3	5
2026-09-01	3	5
2026-10-01	3	5

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 3 Buy / Strong Buy · 5 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Maintain quarterly dividend at $0.29 per shareDividend per share: $0.29 per share
Maintain EPS guidance of $3.85 to $4.15 for 2026Diluted EPS: $0.84 per share
Maintain operating margin near 7.8% to 8.0%Published status: Under Pressure
Achieve 4% to 5% total revenue growth in 2026Revenue growth: 4.19%

Next proof point

Dec 16, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

4 of 4 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.7%Typical daily move · historical

Downside history

-22.0%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

ABM Industries, Inc. outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

ABM is a steady-growth facilities-services business, not a high-growth story. Its long-term thesis is intact, with recent financial performance in the top half of its industry, though earnings quality is flagged as fragile and company momentum has weakened.

What's priced into ABM Industries, Inc.

The evidence describes ABM as cheap versus peers, with low confidence in that valuation assessment. The expectations gap is negative, suggesting expectations may be ahead of the evidence, while the priced-in assessment says the current setup is justified rather than broadly fragile.

What the fundamentals likely do

Near term, revenue grew 4.2% year over year in the latest quarter, and management kept fiscal 2026 revenue growth expectations near the top of its 4% to 5% range. Adjusted EPS guidance remains $3.85 to $4.15, with its midpoint raised in the latest quarter, but the sector backdrop is a headwind and recent momentum has fallen sharply.

What ABM Industries, Inc. hinges on

The near-term test is whether ABM maintains its guidance; a cut would be a meaningful negative. Over the next year, the sector setup also matters: continued strength from CTAS, CPRT, and ROL could support industrials, while weaker results or guidance from those companies could remove that support.