ABM Q3 adj. EPS $0.90 (+20% YoY); revenue $1.54B (+10.7%); raises FY guidance; declares $0.190 dividend

ABM INDUSTRIES INC /DE/

2021-Q3 EPS reported $1.36 revenue$4,533,000,000

Q3 FY2021 revenue $1.54B (+10.7% YoY); all segments grew; Aviation up >50%.
GAAP loss from continuing ops $13.7M ($0.20 loss/diluted) includes $112.9M litigation reserve.
Adjusted EPS $0.90 (+20% YoY) beat prior guidance; adjusted EBITDA margin 7.4%.
FY21 adjusted EPS guidance raised to $3.45-$3.55 (from $3.30-$3.50); EBITDA margin 7.1%-7.3%.
Dividend $0.190/share declared, payable Nov 1, 2021 to holders of record Oct 7, 2021.

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