secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0000950170-24-027580
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABM Q1 revenue up 3.9% to $2.1B; raises FY2024 adjusted EPS guidance to $3.30-$3.45
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- Revenue $2.1B (+3.9% YoY); net income $44.7M, GAAP EPS $0.70 (up 21%).
- Adjusted EPS $0.86 (up 9%); Adjusted EBITDA $116.7M (down 5%).
- FY2024 adjusted EPS guidance raised to $3.30-$3.45 from $3.20-$3.40.
- Booked $180M multi-year microgrid project with a major retailer.
- Dividend of $0.225/share declared, payable May 6, 2024, record Apr 4, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017024027580/0000950170-24-027580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017024027580/abm-20240307.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-027580

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer