G&K Services (GK) Tops Q2 EPS by 1c; Raises Lower End of FY15 EPS Guidance

G&K Services (NASDAQ: GK) reported Q2 EPS of $0.83, $0.01 better than the analyst estimate of $0.82. Revenue for the quarter came in at $237.3 million versus the consensus estimate of $235.82 million.

G&K Services sees FY2015 EPS of $3.20-$3.30, versus prior guidance of $315.00-$3.30 and the consensus of $3.27.

“We’ve made tremendous progress on our 12+ Plan in a short time, reaching our margin goal in only six quarters, while also steadily improving return on invested capital and revenue growth,” said Douglas A. Milroy, Chairman and Chief Executive Officer. “We also continue to make investments which position G&K even more strongly for the long-term.”

For earnings history and earnings-related data on G&K Services (GK) click here.

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