ABM Industries (ABM) Tops Q4 EPS by 1c, FY23 EPS Guidance Misses Consensus
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ABM Reports Fourth Quarter and Full Year Fiscal 2022 Results and Provides Full Year Fiscal 2023 Outlook
December 13, 2022 4:01 PM ESTPosted fourth quarter revenue of $2.0 billion, up 19% year-over-year, with 6% organic growthDelivered fourth quarter net income of $48.9 million and GAAP EPS of $0.73, a year-over-year increase of 43% and 46%, respectively Generated fourth quarter adjusted EBITDA of $130.7 million, up 18% year-over-yearRecorded fourth quarter adjusted EPS of $0.89, up 5% year-over-yearReceived Board approval for a $150 million expansion of the Company's existing share repurchase authorization
NEW YORK, Dec. 13, 2022... More
