Aramark Q3 Adj EPS $0.36 Beats $0.33 Estimate, Sales $4.75B Beat $4.57B Estimate
Portfolio Pulse from Benzinga Newsdesk
Aramark reported Q3 adjusted earnings of $0.36 per share, beating the analyst consensus estimate of $0.33 by 9.09%. This is a 44% increase from the same period last year. The company also reported quarterly sales of $4.75 billion, beating the analyst consensus estimate of $4.57 billion by 3.98%, a 15.10% increase from the same period last year.
August 08, 2023 | 10:31 am
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POSITIVE IMPACT
Aramark's Q3 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Aramark's Q3 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term. The significant increase in earnings and sales compared to the same period last year further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100