ABM Industries slips after quarterly profit miss

ABM Industries

05/09/2025 15:44

** Shares of infrastructure facility provider ABM Industries  down 5.7% at $45.33

** Co misses third-quarter profit estimates, posts adjusted earnings per share of 82 cents vs. estimates of 95 cents - data compiled by LSEG

** Says strategic pricing and contract management decisions in certain markets pressured margins

** Co expects to record about $10 mln in restructuring charges in Q4

** However, ABM beat Q3 revenue estimates

** Including session's move, stock down 3% YTD

 (Reporting by Anshi Sancheti in Bengaluru)

 ((Anshi.Sancheti@thomsonreuters.com))