Oct 28, 4:08 PM ET
ABM Industries disclosed that Executive Vice President and Chief Operating Officer Rene Jacobsen will voluntarily retire effective February 1, 2027. He will move to an Executive Advisor role from November 1, 2026 until his retirement date, so the operations chief role will change hands during that period.
- Rene Jacobsen gave notice on October 28, 2026 of his voluntary retirement, effective February 1, 2027.
- Jacobsen moves from Executive Vice President and Chief Operating Officer to Executive Advisor effective November 1, 2026.
- The filing does not name a successor or state any financial figures related to the change.
Read the filing on SEC.gov ↗
Sep 8, 7:05 AM ET
ABM reported fiscal third-quarter 2026 revenue up 4.2% to a quarterly record of $2.3 billion and net income up 19% to $49.7 million, or $0.84 per diluted share. The company raised the midpoint of its full-year adjusted EPS outlook to $3.95 to $4.10 and lowered its segment operating margin outlook, while declaring a $0.29 quarterly dividend.
- Revenue rose 4.2% to $2.3 billion, with 2.1% organic growth and 2.1% from acquisitions; Technical Solutions revenue was affected by deferred projects.
- Net income was $49.7 million, or $0.84 per diluted share, versus $41.8 million, or $0.67, a year earlier; adjusted EPS was $1.04 versus $0.82.
- Adjusted EPS outlook midpoint raised to $3.95 to $4.10 from $3.85 to $4.15; segment operating margin outlook narrowed to 7.7% to 7.8% from 7.8% to 8.0%.
- Board declared a $0.29 per share dividend payable November 2, 2026, to holders of record on October 1, 2026.
Read the filing on SEC.gov ↗
Jun 5, 7:06 AM ET
ABM reported fiscal second quarter 2026 revenue of $2.3 billion, up 8.4% year over year, and net income of $43.1 million, or $0.73 per diluted share, up from $0.67. Adjusted EPS was $0.90 versus $0.86, but segment operating margin fell to 7.3% from 7.9%. The company reaffirmed its fiscal 2026 adjusted EPS range of $3.85 to $4.15 and declared a $0.29 quarterly dividend.
- Revenue rose 8.4% to $2.3 billion, including 6.1% organic growth and 2.3% from acquisitions
- Net income was $43.1 million, or $0.73 per diluted share, versus $42.2 million, or $0.67, a year earlier; adjusted EPS was $0.90 versus $0.86
- Segment operating margin was 7.3% versus 7.9%, and the company now expects it toward the low end of its 7.8% to 8.0% range
- Quarterly dividend of $0.29 per share is payable August 3, 2026, to holders of record on July 2, 2026
Read the filing on SEC.gov ↗
Mar 10, 7:11 AM ET
ABM reported fiscal first-quarter 2026 results for the period ended January 31, 2026, with revenue up 6.1% to $2.2 billion while net income fell to $38.8 million, or $0.64 per diluted share, from $43.6 million, or $0.69, a year earlier. The company said segment operating margin of 7.1% was below its expectations, mainly due to Technical Solutions, and it left its fiscal 2026 outlook unchanged and declared a $0.29 quarterly dividend.
- Revenue was $2.2 billion, up 6.1% year over year, including 5.5% organic growth.
- Net income was $38.8 million, or $0.64 per diluted share, versus $43.6 million, or $0.69; adjusted EPS was $0.83 versus $0.87.
- Segment operating margin was 7.1% versus 7.6%, with Technical Solutions operating profit down 49.0%.
- Fiscal 2026 outlook was reaffirmed, with adjusted EPS expected at $3.85 to $4.15; a $0.29 dividend is payable May 4, 2026, to holders of record on April 2, 2026.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
