ABM Industries demonstrated strong performance, particularly in the Technical Solutions and Aviation segments, with significant new contracts secured. However, challenges in the Business & Industry segment and temporary cash flow impacts from ERP implementation were noted. The overall sentiment of the call is positive, as highlights outweigh the lowlights.
Company Guidance
During ABM Industries' first quarter 2025 earnings call, the company reported a 2% organic revenue growth and adjusted EPS of $0.87, marking a strong start to the fiscal year. They raised the lower end of their full-year adjusted EPS guidance to between $3.65 and $3.80. The company highlighted progress in their ERP implementation, expected to enhance cost efficiencies and provide real-time analytics, despite a temporary impact on cash flow. ABM also launched a new brand platform, "Driving Possibility Together," emphasizing operational excellence and technology-driven solutions. The company expanded its credit facility to $2.2 billion, reflecting lender confidence. In terms of segment performance, Technical Solutions grew 22%, Aviation 8%, and Education 2%, while Manufacturing & Distribution saw a slight decline. ABM's backlog in Technical Solutions remains strong at $490 million, supporting future growth. The company remains cautious about labor market shifts due to immigration policy but confident in their talent acquisition strategies. Overall, ABM is optimistic about achieving its 2025 financial goals and sees growth opportunities across its segments.
Revenue Growth and EPS Achievement
ABM Industries reported a 2% organic revenue growth and delivered an adjusted EPS of $0.87. They are on track to hit full-year financial goals and have raised the lower end of their full-year adjusted EPS guidance to be between $3.65 and $3.80.
Technical Solutions Segment Performance
The Technical Solutions segment saw a 22% revenue growth, with two-thirds being organic. A $490 million backlog supports continued growth.
Aviation Segment Success
Aviation revenue grew 8% driven by strong domestic flight volumes and new business wins. The segment's operating profit increased by 26%.
New Contracts and Business Wins
ABM won a $30 million annual contract with a major Silicon Valley tech company and a $40 million shuttle agreement at a major airport hub.
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ABM Industries (ABM) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ABM Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 12, 2025
$49.83
$45.51
-8.67%
Dec 18, 2024
$54.62
$50.06
-8.35%
Sep 06, 2024
$55.56
$50.80
-8.57%
Jun 06, 2024
$47.09
$47.72
+1.34%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ABM Industries (ABM) report earnings?
ABM Industries (ABM) is schdueled to report earning on Jun 04, 2025, TBA Not Confirmed.
What is ABM Industries (ABM) earnings time?
ABM Industries (ABM) earnings time is at Jun 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.