07:09 AM EST, 11/11/2024 (MT Newswires) -- Aramark ( ARMK ) reported fiscal Q4 adjusted earnings Monday of $0.54 per diluted share, up from $0.40 a year earlier.

Analysts polled by Capital IQ expected $0.53.

Revenue for the quarter ended Sept. 27 was $4.42 billion, compared with $4.2 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.45 billion.

The company expects fiscal 2025 adjusted EPS growth of 23% to 28%. Analysts surveyed by Capital IQ are looking for normalized EPS of $1.93.

The company also increased its quarterly dividend by 11% to $0.105 per share of common stock, payable on Dec. 12 to stockholders of record on Dec. 2.

Aramark ( ARMK ) shares were up more than 7% in recent Monday premarket activity.

Price: 41.90, Change: +2.79, Percent Change: +7.13