Aramark Sees FY24 Revenue Growth Of 9%; Adjusted EPS Growth Of 30% - 35%
Portfolio Pulse from Benzinga Newsdesk
Aramark forecasts a 9% revenue growth and an adjusted EPS growth of 30% to 35% for fiscal year 2024.
May 07, 2024 | 10:33 am
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Aramark anticipates a significant growth in both revenue and adjusted EPS for FY24, with revenue expected to increase by 9% and adjusted EPS by 30% to 35%.
Aramark's optimistic growth forecast for FY24 directly impacts its stock as positive earnings and revenue growth projections typically lead to increased investor confidence and potential stock price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100