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News  ›  Benzinga

ABM Industries Stock Soars After $275 Million WGNSTAR Acquisition

Benzinga Logo Benzinga By Lekha Gupta
ABM Industries Stock Soars After $275 Million WGNSTAR Acquisition

ABM Industries reported Q4 revenue of $2.30 billion, slightly beating expectations, and announced an acquisition of WGNSTAR for $275 million. The company expects organic revenue growth of 3-4% in 2026 and anticipates the acquisition to be accretive from fiscal 2027.

Insights
ABM   positive

Strong Q4 performance, strategic acquisition, increased dividend, positive future revenue outlook