ABM Q1 FY2023 revenue $2.0B (+3% YoY), adjusted EPS $0.79, reaffirms FY outlook

ABM INDUSTRIES INC /DE/

2023-Q1 EPS reported $0.58 revenue$1,991,300,000

Revenue $2.0B, up 3% YoY (1% organic); net income $38.5M, GAAP EPS $0.58 down from $1.11.
Adjusted EPS $0.79 vs $0.94 prior year; adjusted EBITDA $122.7M.
Reaffirmed fiscal 2023 adjusted EPS outlook; CEO cites labor cost mitigation and lower disinfection revenue.
Organic growth led by Manufacturing & Distribution and Aviation, both up 6% YoY.
Quarterly dividend $0.195/share declared, payable May 1, 2023 to holders of record April 6, 2023.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ABM INDUSTRIES INC /DE/ reported first quarter of fiscal 2023 results: revenue $2.0 billion, net income $38.5 million, EPS $0.58 per diluted share. Guidance reaffirmed.

Period: first quarter of fiscal 2023
Revenue: $2.0 billion
Net income: $38.5 million
EPS: $0.58 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Form 8-K, which is incorporated into this item by reference. --- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 ABM REPORTS FIRST QUARTER FISCAL 2023 RESULTS • Grew revenue 3% to $2.0 billion, with 1% organic growth • Delivered net income of $38.5 million and GAAP EPS of $0.58 • Generated adjusted EBITDA of $122.7 million and adjusted EPS of $0.79 • Reaffirmed fiscal

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

ABM INDUSTRIES INC /DE/ filing history →

Source: SEC EDGAR

accession 0000950170-23-006583

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.