08:57 AM EDT, 06/06/2025 (MT Newswires) -- ABM Industries' ( ABM ) fiscal second-quarter results rose on a yearly basis, with revenue topping market expectations, while the facility solution provider reiterated its full-year earnings outlook.

The company reported adjusted earnings of $0.86 a share for the quarter ended April, in line with the consensus on FactSet, up from $0.82 the year before. Revenue increased 4.6% to $2.11 billion, surpassing the Street's view for $2.06 billion.

For fiscal 2025, ABM Industries ( ABM ) continues to project adjusted EPS to be in a range of $3.65 to $3.80, while the Street is looking for $3.77.

"We remain constructive on the outlook for our core markets, particularly high-quality office buildings, manufacturing and distribution facilities, commercial aviation, and microgrids," Chief Executive Scott Salmirs said in a statement. "Further, projects delayed in the second quarter are expected to be realized in the third quarter."

Revenue in the business and industry segment rose 2.6% to $1.02 billion in the second quarter, buoyed by improving conditions in the company's prime commercial office markets, according to Salmirs. Manufacturing and distribution sales rose 2.4% to $398.1 million, reflecting new "client wins" and favorable comparisons with the prior year, the company said.

Aviation revenue grew 9.2%, while the technical solutions division climbed 19%, though it was weighed down by some "unfavorable timing" on certain projects, Salmirs said.

"Additionally, we secured $1.1 billion in new bookings through the first half of the year, an 11% increase year over year," Salmirs said in the earnings release. "We also produced significant sequential improvement in cash flow as we made important strides in deploying our enterprise resource planning system across the (business and industry) and (manufacturing and distribution) segments."