ABM Industries Stumbles 8% Despite Q4 Earnings Beat
ABM Industries Stumbles 8% Despite Q4 Earnings Beat
Adjusted EBITDA fell 11% to $128.0 million, with the margin stood at 6.1% vs. 7.2% a year ago quarter. Adjusted EPS of $0.90, down 11% Y/Y, beating the consensus of $0.87.$ABM Industries (ABM.US)$ shares are trading 8% lower after the company reported fourth-quarter FY24 earnings.
$反导工业 (ABM.US)$ 该公司公布了2024财年第四季度的财报后，股份交易价格下跌了8%。
Sales grew 4.0% year over year to $2.18 billion, beating the consensus of $2.079 billion. Revenue growth was driven by Technical Solutions (+35% Y/Y) and Aviation (+11%), with Education revenue being flat Y/Y.
销售额同比增长4.0%，达到21.8亿元，超出市场预期的20.79亿元。营业收入的增长主要由技术解决方案（同比增长35%）和航空（同比增长11%）驱动，教育业务的收入同比持平。
Operating expenses increased 5.4% to $1.91 billion, and operating profit declined 81.9% to $19.2 million in the quarter.
营业费用增加5.4%，达到19.1亿元，营业利润在本季度下降81.9%，降至1920万元。
Adjusted EBITDA fell 11% to $128.0 million, with the margin stood at 6.1% vs. 7.2% a year ago quarter. Adjusted EPS of $0.90, down 11% Y/Y, beating the consensus of $0.87.
调整后的EBITDA下降11%，降至12800万元，利润率为6.1%，而一年前的季度为7.2%。调整后的每股收益为0.90美元，同比下降11%，超出市场预期的0.87美元。
Operating cash flow for the quarter totaled $30.3 million, down from $139.1 million a year ago. As of October-end, ABM held cash and equivalents of $64.6 million.
本季度的经营现金流总额为3030万元，低于去年同期的13910万元。截至10月底，反导工业持有现金及现金等价物6460万元。
ABM declared a cash dividend of $0.265 per common share, payable on February 3, 2025, to shareholders of record on January 2, 2025. As previously announced, the dividend represents a 17.8% increase over the prior quarterly cash dividend.
反导工业宣布每普通股派发现金股息0.265美元，定于2025年2月3日支付给截至2025年1月2日的股东。正如此前所宣布的，股息较上个季度现金股息增加17.8%。
Scott Salmirs, President & Chief Executive Officer, said, "The significant growth of our microgrid service line and the market gains we made in Aviation were critical to overcoming challenges in other parts of the business. These results support our diversification strategy."
总裁兼首席执行官斯科特·萨米尔斯表示：“我们微电网服务线的显著增长以及航空市场的进展对于克服业务其他部分的挑战至关重要。这些结果支持我们的多元化策略。”
"While it is still early and the macro environment is unclear following the recent election, recent data points suggest our key commercial real estate markets are nearing an inflection to growth. Additionally, other parts of our business are continuing to experience generally healthy market conditions."
虽然现在仍然很早，而且在最近的选举后宏观环境不明朗，但最近的数据点表明，我们关键的商业房地产业市场接近增长的转折点。此外，我们业务的其他部分仍然在继续经历总体健康的市场条件。
2025 Outlook: ABM expects FY25 adjusted EPS of $3.60 – $3.80 vs. consensus of $3.66 and adjusted EBITDA margin of 6.3%- 6.5%.
2025年展望：反导工业预计2025财年的每股收益为3.60美元至3.80美元，市场预期为3.66美元，调整后的息税折旧摊销前利润率为6.3%-6.5%。
The company expects revenue, margin, and earnings growth in 2025, citing the positive backdrop.
该公司预计2025年营业收入、利润率和盈利增长，称这是一个积极的背景。
