earnings
confidence high
sentiment positive
materiality 0.80
ABM reports Q2 fiscal 2022 revenue $1.9B (+26.7% YoY), EPS $0.72, adjusted EPS $0.89, reaffirms guidance
ABM INDUSTRIES INC /DE/
2022-Q2 EPS reported
$1.84
revenue$3,834,100,000
- Revenue $1.9B, up 26.7% YoY; organic growth 7.5%, acquisition contribution 19.2%.
- GAAP net income $48.8M ($0.72 EPS), up 57% YoY; adjusted EPS $0.89, up 9% YoY.
- Adjusted EBITDA $118.9M, up 12% YoY; margin 6.5% improved from pre-pandemic levels.
- Full year adjusted EPS guidance reaffirmed; new sales bookings $795M in first six months, up 11%.
- Dividend declared at $0.195/share, payable Aug 1, record July 7.