ABM Industries (ABM) Declares $0.16 Quarterly Dividend; 2.1% Yield
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ABM Industries (ABM) Tops Q1 EPS by 4c; Bumps Outlook Higher
March 3, 2015 5:02 PM ESTABM Industries (NYSE: ABM) reported Q1 EPS of $0.38, $0.04 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.28 billion.
ABM Industries sees FY2015 EPS of $1.75-$1.85, versus the consensus of $1.80.
"The company's performance in the first quarter of fiscal 2015 was as expected. With organic growth of 3.2% and contributions from acquisitions made in the second half of fiscal 2014, ABM achieved record revenues of $1.29 billion, up 5.1% year-over-year. In particular, Air Serv experienced organic revenue growth of 13.6%. Building and Energy Solutions business saw revenue growth of... More
