Aramark Reports First Quarter 2018 Earnings and Increases 2018 Outlook

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ARAMARK Holdings (ARMK) PT Raised to $51 at Credit Suisse

February 7, 2018 7:55 AM EST

Credit Suisse raised its price target on ARAMARK Holdings (NYSE: ARMK) to $51.00 (from $50.00) while maintaining a Outperform rating.

2018/2019 EPS increases to $2.20/$2.50 from $2.12/2.38.

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Aramark Services (ARMK) Tops Q1 EPS by 3c

February 6, 2018 6:39 AM EST

Aramark Services (NYSE: ARMK) reported Q1 EPS of $0.59, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.87 billion.

A weaker U.S. dollar increased sales by approximately $55 million, and had a positive... More