ABM Industries (ABM) Tops Q4 EPS by 9c, Offers Guidance

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ABM Reports Fourth Quarter and Full Year Fiscal 2023 Results and Provides Fiscal 2024 Outlook

December 13, 2023 6:58 AM EST

Grew fourth quarter revenue 4.1% to $2.1 billion, including 3.8% organic growth Fourth quarter net income of $62.8 million and GAAP EPS of $0.96, up 29% and 32%, respectively Fourth quarter adjusted EBITDA of $144.2 million, up 10%Fourth quarter adjusted EPS of $1.01, up 13%Board of Directors approves a $150 million expansion of existing share repurchase authorizationFiscal 2024 adjusted earnings per share expected to be in range of... More