earnings
confidence high
sentiment positive
materiality 0.65
ABM Q4 adjusted EPS $0.90 beats expectations; raises dividend 18%; guides FY2025 $3.60-$3.80
ABM INDUSTRIES INC /DE/
2024-FY EPS reported
$1.28
revenue$8,359,400,000
- Q4 revenue $2.2B (+3.2% organic); GAAP net loss $11.7M (-$0.19 EPS) due to $59.7M RavenVolt earn-out adjustment.
- Adjusted EBITDA $128.0M; adjusted EPS $0.90, above expectations.
- Repurchased $32M of stock in Q4, $55.8M for FY2024.
- Quarterly dividend raised 18% (previously announced).
- FY2025 adjusted EPS guidance $3.60-$3.80; adj. EBITDA margin 6.3%-6.5%.