ABM Industries, Inc. (NYSE:ABM) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Paul Goldberg - SVP, IR Scott Salmirs - President & CEO Earl Ellis - EVP & CFO Conference Call Participants Tim Mulrooney - William Blair Jasper Bibb - Truist Securities Faiza Alwy - Deutsche Bank David Silver - CL King & Associates Joshua Chan - UBS Marc Riddick - Sidoti & Company Operator Greeting, and welcome to the ABM Industries Inc. Second Quarter 2024 Earnings Call. [Operator Instructions] As ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-8929 ABM INDUSTRIES INCORPORATED (Exact name of registrant as specified in its charter) Delaware 94-13 ...

ABM Industries (ABM) reported $2.02 billion in revenue for the quarter ended April 2024, representing a year-over-year increase of 1.7%. EPS of $0.87 for the same period compares to $0.90 a year ago.The reported revenue represents a surprise of +0.95% over the Zacks Consensus Estimate of $2 billion. With the consensus EPS estimate being $0.78, the EPS surprise was +11.54%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

ABM Industries (ABM) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.54%. A quarter ago, it was expected that this provider of cleaning and other maintenance services for commercial buildings, hospitals and airports would post earnings of $0.72 per share when it actually produced e ...

Exhibit 99.1 ABM REPORTS SECOND QUARTER FISCAL 2024 RESULTS AND RAISES OUTLOOK FOR FISCAL YEAR 2024 ADJUSTED EPS • Revenue up 2% to $2.0 billion, all organic growth • Net income of $43.8 million and GAAP EPS of $0.69, declines of 16% and 12%, respectively • Adjusted EBITDA of $125.3 million, down 9% • Adjusted EPS of $0.87, down 3% • Operating cash flow of $117.0 million and free cash flow of $101.4 million, both up significantly • Raises outlook for fiscal year 2024 adjusted EPS to $3.40 to $3.50, up from ...

Revenue up 2% to $2.0 billion, all organic growthNet income of $43.8 million and GAAP EPS of $0.69, declines of 16% and 12%, respectivelyAdjusted EBITDA of $125.3 million, down 9%Adjusted EPS of $0.87, down 3%Operating cash flow of $117.0 million and free cash flow of $101.4 million, both up significantlyRaises outlook for fiscal year 2024 adjusted EPS to $3.40 to $3.50, up from $3.30 to $3.45 (1) NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today an ...

Wall Street analysts expect ABM Industries (ABM) to post quarterly earnings of $0.78 per share in its upcoming report, which indicates a year-over-year decline of 13.3%. Revenues are expected to be $2 billion, up 0.8% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company announces its ea ...

NEW YORK, May 31, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, today announced it has been named by Barron's as among the 100 Most Sustainable Companies for 2024. This is the second consecutive year ABM has been named to the list, which recognizes outstanding environmental sustainability performance among the 1,000 largest publicly traded companies in the United States. "With environmental sustainability a top ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility services, infrastructure solutions, and parking management today announced a 10-year partnership with Utica University to help transform its campus-wide facilities management operations and create engaging and sustainable spaces for students, faculty and staff. As one of the largest providers of higher education facility solutions in the United States, ABM will bring its industry-leading expertise to the Utica, New Yo ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility services, infrastructure solutions, and parking management today announced a 10-year partnership with Utica University to help transform its campus-wide facilities management operations and create engaging and sustainable spaces for students, faculty and staff. As one of the largest providers of higher education facility solutions in the United States, ABM will bring its industry-leading expertise to the Utica, New Y ...