ABM falls after Q3 revenue misses estimates
08/09/2026 13:54
BUZZ-ABM falls after Q3 revenue misses estimates ** Shares of integrated facility and mobility solutions provider ABM Industries ABM.N fall 1.2% to $46.5 premarket
** Co posts Q3 revenue of $2.3 bln, below analysts' estimates of $2.31 bln - data compiled by LSEG
** ABM says revenue downbeat due to previously announced exit of a large UK-based client and ongoing weakness in demand across US west coast region
** Posts Q3 adj. EPS of $1.04, compared with estimates of $1.01
** Three of eight brokerages rate the stock "buy" or higher and five "hold"; median PT is $52 - data compiled by LSEG
** As of last close, stock up 11.2% YTD
(Reporting by Anand Gopal in Bengaluru)