Aramark Services (ARMK) Misses Q2 EPS by 4c, Updates Guidance

Aramark Services (NYSE: ARMK) reported Q2 EPS of $0.45, $0.04 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $4 billion versus the consensus estimate of $4.01 billion.

GUIDANCE:

Aramark Services sees FY2019 EPS of $2.20-$2.30, versus the consensus of $2.35.

• reflects the impact of strategic portfolio actions in our International segment, as well as adverse weather. It includes four cents of currency headwinds.
• Reaffirming legacy business revenue growth expectations of approximately 3%

For earnings history and earnings-related data on Aramark Services (ARMK) click here.

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