Aramark (ARMK) Projected to Post Quarterly Earnings on Tuesday

Aramark (NYSE:ARMK - Get Free Report) is expected to be announcing its Q1 2025 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 and its FY25 guidance at $1.91-1.98 EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.

Aramark (NYSE:ARMK - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. Aramark had a return on equity of 14.06% and a net margin of 1.51%. The company had revenue of $4.55 billion for the quarter, compared to the consensus estimate of $4.61 billion. During the same quarter last year, the business posted $0.41 earnings per share. The firm's revenue was up 3.3% compared to the same quarter last year. On average, analysts expect Aramark to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Aramark Price Performance

Aramark stock traded up $0.24 during midday trading on Wednesday, hitting $37.90. 2,868,121 shares of the company's stock were exchanged, compared to its average volume of 2,004,214. The company has a market cap of $10.04 billion, a P/E ratio of 38.28 and a beta of 1.64. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.72 and a current ratio of 0.81. The stock has a 50-day moving average price of $38.67 and a two-hundred day moving average price of $37.70. Aramark has a 52-week low of $28.51 and a 52-week high of $42.49.

Aramark Increases Dividend

The firm 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 dividend of $0.105 per share. This is a positive change from Aramark's previous quarterly dividend of $0.00. The ex-dividend date of this dividend is Monday, February 10th. This represents a $0.42 annualized dividend and a dividend yield of 1.11%. Aramark's payout ratio is presently 42.42%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ARMK. Robert W. Baird lifted their target price on shares of Aramark from $44.00 to $45.00 and gave the company a "neutral" rating in a research report on Thursday, December 12th. StockNews.com lowered shares of Aramark from a "buy" rating to a "hold" rating in a research report on Tuesday, January 7th. Truist Financial raised their price target on Aramark from $42.00 to $46.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. UBS Group upped their price objective on Aramark from $40.00 to $44.00 and gave the stock a "buy" rating in a report on Tuesday, October 8th. Finally, Stifel Nicolaus boosted their target price on Aramark from $43.00 to $45.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average 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.