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ABM Industries Fiscal Q3 Adjusted Earnings, Revenue Increase; Fiscal 2024 Adjusted EPS Outlook Raised
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ABM Industries Fiscal Q3 Adjusted Earnings, Revenue Increase; Fiscal 2024 Adjusted EPS Outlook Raised
Sep 6, 2024 4:39 AM

07:18 AM EDT, 09/06/2024 (MT Newswires) -- ABM Industries ( ABM ) reported fiscal Q3 adjusted earnings Friday of $0.94 per diluted share, up from $0.79 a year earlier.

Analysts surveyed by Capital IQ expected $0.85.

Revenue for the quarter ended July 31 was $2.09 billion, compared with $2.03 billion a year earlier.

Analysts polled by Capital IQ expected $2.04 billion.

Meanwhile, the company raised its fiscal 2024 adjusted EPS outlook to $3.48 to $3.55 from $3.40 to $3.50 previously anticipated. Analysts polled by Capital IQ expect $3.47.

Shares of ABM rose more than 3% in recent premarket activity Friday.

Price: 58.00, Change: +1.90, Percent Change: +3.39

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