07:39 AM EST, 03/07/2024 (MT Newswires) -- ABM Industries ( ABM ) reported fiscal Q1 adjusted net income Thursday of $0.86 per diluted share, up from $0.79 a year earlier.

Analysts polled by Capital IQ expected $0.71.

Revenue for the quarter ended Jan. 31 was $2.07 billion, up from $1.99 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.01 billion.

ABM said it now expects fiscal 2024 adjusted EPS to be in the range of $3.30 to $3.45, up from its prior range of $3.20 to $3.40. Analysts polled by Capital IQ expect $3.30.

Additionally, the company said it has maintained its quarterly dividend at $0.225 per share, payable May 6 to shareholders of record as of April 4.

Shares of ABM were up as much as 9% in recent Thursday premarket activity.

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