ABM Industries (ABM) Tops Q1 EPS by 15c, Beats on Revenue; Raises FY24 Guidance

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Go back to ABM Industries (ABM) Tops Q1 EPS by 15c, Beats on Revenue; Raises FY24 Guidance

ABM Reports First Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

March 7, 2024 6:58 AM EST

Revenue up 3.9% to $2.1 billion, all organic growthNet income of $44.7 million and GAAP EPS of $0.70, up 16% and 21%, respectively, includes certain discrete tax benefits of $4.4 million, or $0.07 per shareAdjusted EBITDA of $116.7 million, down 5%Adjusted EPS of $0.86, up 9%Raises outlook for fiscal year 2024 adjusted EPS to $3.30 to $3.45, up from $3.20 to $3.40 (1)

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading... More