07:36 AM EDT, 06/06/2024 (MT Newswires) -- ABM Industries ( ABM ) reported fiscal Q2 adjusted net income Thursday of $0.87 per diluted share, down from $0.90 a year earlier.

Analysts polled by Capital IQ expected $0.79.

Revenue for the quarter ended April 30 was $2.02 billion, up from $1.98 billion a year earlier.

Analysts surveyed by Capital IQ expected $2 billion.

ABM said it now expects fiscal 2024 adjusted EPS to be in the range of $3.40 to $3.50, up from its prior range of $3.30 to $3.45. Analysts polled by Capital IQ expect $3.40.

Additionally, the company said it has maintained its quarterly dividend at $0.225 per share, payable Aug. 5 to shareholders of record as of July 5.

Shares of the company were up nearly 5% in recent Thursday premarket activity.

Price: 50.00, Change: +2.24, Percent Change: +4.69