Aramark reports results for the quarter ended December 31 - Earnings Summary

Aramark

04/02/2025 14:31

* Aramark  ARMK.N  reported quarterly adjusted earnings of
51
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 41
cents.  The mean expectation of ten analysts for the quarter was
for earnings of 48 cents per share. Wall Street expected
results to range from 45 cents to 52 cents per share.
    * Revenue rose 3.3% to $4.55 billion from a year ago;
analysts
expected $4.62 billion. 
    * Aramark's reported EPS for the quarter was 39 cents​.
    * The company reported quarterly net income of $105.62
million.
    * Aramark shares had risen by 3.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for Aramark is $45.00
This summary was machine generated from LSEG data February 4 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.48           0.51           Beat
 Sep. 30 2024      0.53           0.54           Beat
 Jun. 30 2024      0.30           0.31           Beat
 Mar. 31 2024      0.27           0.29           Beat