Aramark Reports First Quarter Results
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ARAMARK Holdings (ARMK) PT Lowered to $44 at Credit Suisse
February 6, 2019 8:26 AM UTCCredit Suisse analyst Kevin McVeigh lowered the price target on ARAMARK Holdings (NYSE: ARMK) to $44.00 (from $53.00) while maintaining a Outperform rating.
McVeigh said despite the 5.5% intraday move, they expect ARMK to build on gains as the market discounts strong organic... More
Aramark Services (ARMK) Tops Q1 EPS by 2c, Revenues Beat; Raises FY19 EPS Guidance, Affirms FY19 FCF
February 5, 2019 6:32 AM UTCAramark Services (NYSE: ARMK) reported Q1 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $4.27 billion versus the consensus estimate of $4.2 billion.
Revenue +8%; Legacy Business Revenue +4%1Operating Income 72%; Adjusted Operating Income (AOI) +21%1EPS -15% to $0.99;... More