ABM reports Q3 FY2024 adjusted EPS $0.94 (+19% YoY); raises FY2024 adjusted EPS guidance to $3.48-$3.55

ABM INDUSTRIES INC /DE/

2024-Q3 EPS reported $1.46 revenue$6,182,000,000

Revenue $2.1B (+3.3% YoY, organic 2.8%); net income $4.7M (down 95%) on Ravenvolt earn-out, adj. EPS $0.94 (+19%).
Adjusted EBITDA $128.1M (+2%); Technical Solutions +25% (microgrids), Aviation +13%.
Acquired Quality Uptime Services, a leader in UPS/battery maintenance for data centers and critical applications.
Dividend $0.225/share declared, payable Nov 4, record Oct 3.
Raises FY2024 adjusted EPS outlook to $3.48-$3.55 from previous $3.40-$3.50.

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