Abm Industries Incorporated (NYSE:ABM)

WEB NEWS

Thursday, June 11, 2009

Comments & Business Outlook

The Company is reaffirming its guidance for fiscal year 2009.

Full Year Fiscal 2009 Guidance Ending October

  2009 Guidance 2008 Reported Period Change
GAAP EPS From Continuing Operations $1.10 to $1.20 $1.03 6.80% to 16.50%
*Non-GAAP EPS From Continuing Operations $1.25 to $1.35 $1.10 13.64% to 22.73%

*Non-GAAP EPS Figures exclude certain non-operating gains and losses as well as certain non-cash items. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information . For a more complete explanation of the company's definition of non-GAAP please refer to their financial press releases. The GeoTeam® non-GAAP figures may, from time to time,  differ from company supplied figures.

Source: Business Wire (June 4, 2009)


Wednesday, March 18, 2009

Comments & Business Outlook

Guidance Report: (Non-China)

In light of first quarter results, the Company is improving its guidance for the first half of fiscal year 2009. The Company now expects income from continuing operations per diluted share in the range of $0.48 to $0.52 for the first half of fiscal year 2009 and, for the same period, adjusted income from continuing operations per diluted share in the range of $0.52 to $0.56. Full-year estimates remain difficult, given the challenging and uncertain market environment. The Company’s estimate for the full fiscal year 2009 is income from continuing operations per diluted share in the range of $1.10 to $1.20 and adjusted income from continuing operations per diluted share, for the same period, in the range of $1.25 to $1.35.

Full Year Fiscal 2009 Guidance Ending October

  2009 Guidance 2008 Reported Period Change
GAAP EPS From Continuing Operations $1.10 to $1.20 $1.03 6.80% to 16.50%
*Non-GAAP EPS From Continuing Operations $1.25 to $1.35 $1.10 13.64% to 22.73%

EPS Figures exclude non-operating gains and losses. Non-GAAP information should not be viewed in isolation or as a substitute for reported, or GAAP information.For a more complete explanation of the company's definition of non-GAAP please refer to their First Quarter financial press release.

Source: Business Wire (March 2, 2009)



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