Aramark's Fiscal Q4 Adjusted Earnings, Revenue Increase; Quarterly Dividend Raised

MT Newswires Live

Nov 11, 2024

$Aramark(ARMK-W)$ (ARMK) reported fiscal Q4 adjusted earnings Monday of $0.54 per diluted share, up from $0.40 a year earlier.

Analysts polled by Capital IQ expected $0.53.

Revenue for the quarter ended Sept. 27 was $4.42 billion, compared with $4.2 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.45 billion.

The company expects fiscal 2025 adjusted EPS growth of 23% to 28%. Analysts surveyed by Capital IQ are looking for normalized EPS of $1.93.

The company also increased its quarterly dividend by 11% to $0.105 per share of common stock, payable on Dec. 12 to stockholders of record on Dec. 2.

Aramark shares were up more than 7% in recent Monday premarket activity.

Price: 41.90, Change: +2.79, Percent Change: +7.13

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Analysts surveyed by Capital IQ are looking for normalized EPS of $1.93.</p><p>The company also increased its quarterly dividend by 11% to $0.105 per share of common stock, payable on Dec. 12 to stockholders of record on Dec. 2.</p><p><a href=\"https://laohu8.com/S/ARMK\">Aramark</a> shares were up more than 7% in recent Monday premarket activity.</p><p>Price: 41.90, Change: +2.79, Percent Change: +7.13</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARMK","symbol_name":"Aramark","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2482883237","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482883237","pubTimestamp":1731326994,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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