Aramark Reports Fourth Quarter and Full Year 2019 Earnings

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Go back to Aramark Reports Fourth Quarter and Full Year 2019 Earnings

Aramark Services (ARMK) Misses Q4 EPS by 1c, Revenues Beat

November 19, 2019 6:33 AM EST

Aramark Services (NYSE: ARMK) reported Q4 EPS of $0.68, $0.01 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $3.95 billion versus the consensus estimate of $3.94 billion.

Revenue +1.0%; Legacy Business Revenue +3.0%Legacy growth across all segmentsOperating Income (26)%; Adjusted Operating Income (2)%1Increased incentive-based compensation; Solid operational performanceEPS of $0.34, (51)%; Adjusted EPS of $0.68, +1%1

Aramark is an iconic company with a promising future. I am incredibly inspired by the many talented field leaders and valued client partners I have met in just 45 days back with the... More