Aramark Services (ARMK) Tops Q1 EPS by 2c, Revenues Beat; Raises FY19 EPS Guidance, Affirms FY19 FCF
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Aramark Reports First Quarter Results
February 5, 2019 6:30 AM ESTKEY HIGHLIGHTS
Revenue +8%; Legacy Business Revenue +4%1
Operating
Income 72%; Adjusted Operating Income (AOI) +21%1
EPS
-15% to $0.99; Adjusted EPS +16%1 to
$0.63
Operating Income Margin up 330 bps to 8.8%; AOI
Margin up 60 bps to 6.9%1
Raising Full-Year Outlook
PHILADELPHIA--(BUSINESS WIRE)-- Aramark (NYSE: ARMK) today reported first quarter fiscal 2019 results.
2019 is off to a good start, with broad-based momentum across the portfolio, driven by strong base business performance and progress in our... More
