ABM Industries (NYSE: ABM) reported earnings on March 4. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Jan. 31 (Q1), ABM Industries beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded. Non-GAAP earnings per share grew significantly. GAAP earnings per share grew significantly.

Gross margins dropped, operating margins contracted, net margins grew.

Revenue details
 ABM Industries recorded revenue of $1.18 billion. The three analysts polled by S&P Capital IQ expected a top line of $1.17 billion on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $1.07 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.26. The five earnings estimates compiled by S&P Capital IQ anticipated $0.22 per share. Non-GAAP EPS of $0.26 for Q1 were 18% higher than the prior-year quarter's $0.22 per share. GAAP EPS of $0.24 for Q1 were 20% higher than the prior-year quarter's $0.20 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 9.7%, 30 basis points worse than the prior-year quarter. Operating margin was 1.6%, 10 basis points worse than the prior-year quarter. Net margin was 1.1%, 10 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.16 billion. On the bottom line, the average EPS estimate is $0.33.

Next year's average estimate for revenue is $4.70 billion. The average EPS estimate is $1.37.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ABM Industries is outperform, with an average price target of $24.33.

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