secwatch.observer — SEC 8-K summary
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Issuer:     ABM INDUSTRIES INC /DE/ (ABM)
CIK:        0000771497
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0000950170-24-104226
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771497/000095017024104226/0000950170-24-104226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771497/000095017024104226/abm-20240906.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-104226

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