-=BrightView (BV) reported earnings on Tue 27 Nov 18 (a/h)

BrightView beats by $0.06, reports revs in-line; guides FY19 revs in-line

• Reports Q4 (Sep) earnings of $0.35 per share, $0.06 better than the S&P Capital IQ Consensus of $0.29; revenues rose 2.6% year/year to $581.8 mln vs the $585.99 mln S&P Capital IQ Consensus.
• Adjusted EBITDA increased 5.6% to $84.2 million, with a 40 bps Adjusted EBITDA margin improvement to 14.5%.
• Net cash provided by operating activities for the twelve months ended September 30, 2018 was $180.4 million, compared to $124.2 million for the prior year.
• Co issues in-line guidance for FY19, sees FY19 revs of $2.40-$2.47 bln vs. $2.43 bln S&P Capital IQ Consensus. Sees Adj EBITDA of $310-$318 mln.