ABM Q3 revenue up 6.2% to $2.2 billion; full-year EPS outlook near low end
ABM reported fiscal third-quarter 2025 revenue up 6.2% to $2.2 billion, and GAAP net income rose to $41.8 million from $4.7 million a year earlier, partly because the prior year included a $36 million contingent consideration adjustment. Adjusted EPS slipped to $0.82 from $0.84, and the company now expects fiscal 2025 adjusted EPS toward the lower end of its $3.65 to $3.80 range, citing higher interest expense and margin pressure, while launching a restructuring program and raising its buyback authorization by $150 million.
- Adjusted EPS was $0.82 versus $0.84 a year earlier; GAAP diluted EPS was $0.67 versus $0.07
- Fiscal 2025 adjusted EPS expected toward the lower end of the $3.65 to $3.80 range
- Restructuring program expected to deliver approximately $35 million of annualized cost savings, with about $10 million in charges in the fourth quarter
- Board raised share repurchase authorization by $150 million; $233 million remains; quarterly dividend of $0.265 payable November 3, 2025