earnings
confidence high
sentiment positive
materiality 0.80
ABM Q4 revenue $2.0B (+19% YoY), GAAP EPS $0.73 (+46%), $150M buyback expansion
ABM INDUSTRIES INC /DE/
2022-FY EPS reported
$3.41
revenue$7,806,600,000
- Q4 revenue $2.0B (+19% YoY, 6% organic); GAAP net income $48.9M ($0.73 EPS) vs $34.3M ($0.50) last year.
- Adjusted EPS $0.89 (+5% YoY); adjusted EBITDA $130.7M (+18%).
- Organic growth: Technical Solutions +12%, Aviation +9%, Manufacturing & Distribution +9%, Education +7%, B&I +3%.
- Board approved $150M expansion of share repurchase authorization.
- FY2023 outlook: expects relatively healthy demand and solid adjusted EBITDA growth with resilient margins.