BrightView reports Q1 adjusted EPS 4c, consensus 3c

Reports Q1 revenue $599.2M, consensus $611.63M. The company said, “We are off to a strong start to the fiscal year, fueled by the growing momentum of our evolving One BrightView (BV) culture. Our strong first quarter results position us to achieve our second consecutive full-year EBITDA record, while continuing to prioritize our employees and putting the customer at the center of everything we do. We are doing this while maintaining a continued focus on cash flow and our balance sheet, as evidenced by our recent term loan refinancing, which allows us to continue to reinvest in the business, explore acquisitions, and pave the way for sustainable, profitable growth.”