---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-046875"
form_type: "8-K"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T23:07:59.956691+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ABM Q3 revenue up 3.4% to $2.0B; adjusted EPS $0.79, down from $0.94 YoY

## Summary
- GAAP net income $98.1M ($1.47 EPS) vs $56.8M ($0.85) prior year, aided by $37.2M RavenVolt contingency gain and $22.4M ERC.
- Adjusted EPS $0.79 vs $0.94; adjusted EBITDA $125.3M essentially flat YoY; higher interest expense and softer commercial real estate weighted.
- Aviation organic revenue +17%, Manufacturing & Distribution +7%, Education +6%; Business & Industry organic -1%, Technical Solutions organic -6%.
- Quarterly dividend of $0.22 per share declared, payable Nov 6, 2023 to holders of record Oct 5, 2023.
- Full-year 2023 adjusted EPS guidance tightened to lower end of prior range; adjusted EBITDA margin reaffirmed.

## SEC filing metadata
- accession: 0000950170-23-046875
- form_type: 8-K
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771497/000095017023046875/0000950170-23-046875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000095017023046875/abm-20230907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-046875
- JSON: https://secwatch.observer/filing/0000950170-23-046875.json
- Plain text: https://secwatch.observer/filing/0000950170-23-046875.txt

## Key facts
- Earnings Releases
  ABM INDUSTRIES INC /DE/ reported third quarter of fiscal 2023 results: revenue $2.0 billion, net income $98.1 million, EPS $1.47 per diluted share. Guidance reaffirmed.
  - Period: third quarter of fiscal 2023
  - Revenue: $2.0 billion
  - Net income: $98.1 million
  - EPS: $1.47 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: 8-K, which is incorporated into this item by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 ABM REPORTS THIRD QUARTER FISCAL 2023 RESULTS • Grew revenue 3.4% to $2.0 billion, including 2.5% organic growth • Net income of $98.1 million and GAAP EPS of $1.47, compared to $56.8 million and $0.85 in the prior year, respectively • Adjusted EBITDA of
  evidence_url: https://www.sec.gov/Archives/edgar/data/771497/000095017023046875/0000950170-23-046875-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.