ABM Industries reported fiscal third-quarter adjusted earnings per share of $1.04, matching analyst expectations, while revenue rose 4.2% year over year to a quarterly record of $2.32 billion. Organic growth and acquisitions each contributed 2.1 percentage points, with Manufacturing & Distribution and Aviation increasing revenue 18% and 12%, respectively. Net income rose 19% to $49.7 million, or 84 cents per diluted share, while adjusted net income also increased 19% to $61.5 million, or $1.04 per diluted share. Operating cash flow reached $146.8 million and free cash flow totaled $128.4 million for the quarter. ABM raised its full-year adjusted EPS outlook to $3.95-$4.10 from $3.85-$4.15, putting the midpoint at $4.03 versus a $4.00 analyst consensus, and lifted its cash-flow targets to approximately $300 million of operating cash flow and $210 million of free cash flow. Total leverage stood at 2.9 times at quarter-end. Shares closed 7.50% higher Tuesday and were flat in after-hours trading following the results.