ABM Q2 revenue up 2% to $2.0B, adj EPS $0.87, raises FY adj EPS guidance to $3.40-$3.50

ABM INDUSTRIES INC /DE/

2024-Q2 EPS reported $1.39 revenue$4,087,800,000

Revenue $2.0B (+2% organic); net income $43.8M, GAAP EPS $0.69 (down 12% vs prior year).
Adjusted EPS $0.87 (down 3%); adjusted EBITDA $125.3M (down 9%).
Operating cash flow $117.0M, free cash flow $101.4M, both significantly improved.
Full-year FY2024 adjusted EPS guidance raised to $3.40-$3.50 from $3.30-$3.45.
Declared quarterly dividend of $0.225/share, payable Aug 5, record July 5.

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