ABM Industries (ABM) Tops Q1 EPS by 16c; Raises Outlook

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ABM Reports First Quarter Fiscal 2022 Results And Raises Full Year Guidance

March 8, 2022 4:05 PM EST

Generates revenue of $1.9 billion, up 29.7% year-over-year, including organic growth of 9.1%Posts net income of $76.0 millionDelivers GAAP EPS of $1.11, Adjusted EPS of $0.94Initiates share repurchase programRaises guidance for full year GAAP EPS and adjusted EPS

NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the first quarter of fiscal 2022.

Scott Salmirs, ABMs President and Chief Executive Officer commented, ABM is... More