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Aramark's Fiscal Q3 Adjusted Earnings, Revenue Increase
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Aramark's Fiscal Q3 Adjusted Earnings, Revenue Increase
Aug 6, 2024 4:56 AM

07:41 AM EDT, 08/06/2024 (MT Newswires) -- Aramark ( ARMK ) reported fiscal Q3 adjusted earnings Tuesday of $0.31 per diluted share, up from $0.14 a year earlier.

Analysts polled by Capital IQ expected $0.30.

Revenue for the quarter ended June 28 was $4.38 billion, compared with $4.05 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.31 billion.

The company now expects fiscal 2024 adjusted EPS growth of about 35%, compared with its previous outlook of 30% to 35%. Analysts surveyed by Capital IQ are looking for normalized EPS of $1.58.

Aramark ( ARMK ) shares were down 2.9% in recent premarket activity.

Price: 32.12, Change: -0.95, Percent Change: -2.87

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