Aramark (ARMK) Expected to Announce Quarterly Earnings on Tuesday

Aramark (NYSE:ARMK - Get Free Report) is projected to announce its earnings results before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $4.61 billion for the quarter. Aramark has set its FY 2025 guidance at 1.910-1.980 EPS.Investors that are interested in participating in the company's conference call can do so using this link.

Aramark (NYSE:ARMK - Get Free Report) last announced its quarterly earnings data on Monday, November 11th. The company reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The company had revenue of $4.42 billion during the quarter, compared to analysts' expectations of $4.46 billion. Aramark had a return on equity of 14.06% and a net margin of 1.51%. Aramark's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 EPS. On average, analysts expect Aramark to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Aramark Stock Down 1.9 %

Shares of NYSE ARMK traded down $0.76 during mid-day trading on Friday, hitting $38.87. The company had a trading volume of 1,679,685 shares, compared to its average volume of 1,606,525. The company has a market capitalization of $10.30 billion, a PE ratio of 39.26 and a beta of 1.64. The firm has a 50-day simple moving average of $38.88 and a two-hundred day simple moving average of $37.60. The company has a current ratio of 0.81, a quick ratio of 0.72 and a debt-to-equity ratio of 1.42. Aramark has a one year low of $28.51 and a one year high of $42.49.

Aramark Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Monday, February 10th will be issued a $0.105 dividend. This is a boost from Aramark's previous quarterly dividend of $0.00. The ex-dividend date is Monday, February 10th. This represents a $0.42 annualized dividend and a dividend yield of 1.08%. Aramark's dividend payout ratio (DPR) is presently 42.42%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ARMK shares. Stifel Nicolaus raised their price objective on Aramark from $43.00 to $45.00 and gave the company a "buy" rating in a report on Tuesday, November 12th. The Goldman Sachs Group lifted their price target on Aramark from $38.00 to $41.00 and gave the stock a "buy" rating in a report on Wednesday, October 16th. JPMorgan Chase & Co. lifted their price target on Aramark from $41.00 to $45.00 and gave the stock an "overweight" rating in a report on Tuesday, November 12th. UBS Group lifted their price target on Aramark from $40.00 to $44.00 and gave the stock a "buy" rating in a report on Tuesday, October 8th. Finally, Robert W. Baird lifted their price target on Aramark from $44.00 to $45.00 and gave the stock a "neutral" rating in a report on Thursday, December 12th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $42.59.

Aramark Company Profile

Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, environmental services, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services.