Aramark expected to post earnings of 36 cents a share - Earnings Preview

Aramark

02/02/2024 13:32

* Aramark  ARMK.N   ARMK.K  is expected to show a fall in
quarterly revenue when it reports  results on February 6 for the
period ending December 31 2023
    * The Philadelphia Pennsylvania-based  company is expected
to
report a 6.8% decrease in revenue to $4.287 billion from $4.6
billion a year ago, according to the mean estimate from 13
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Aramark is for earnings
of 36
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Aramark is
$33.00​, above​ its last closing price of $29.71. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.64        0.64       0.64      Met     0.2
 Jun. 30 2023  0.33        0.34       0.36      Beat    4.6
 Mar. 31 2023  0.26        0.26       0.28      Beat    7.2​
 Dec. 31 2022  0.42        0.43       0.41      Missed  -4.1
 ​​Sep.        0.49        0.49       0.49      Met     0.9
 30 2022                                                
 Jun. 30 2022  0.24        0.24       0.25      Beat    5.5​
 Mar. 31 2022  0.21        0.22       0.22      Met     2
 Dec. 31 2021  0.23        0.22       0.22      Met     0.5
 This summary was machine generated February 2 at 13:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)