earnings
confidence high
sentiment positive
materiality 0.80
Aramark Q3 revenue $4.4B (+8% YoY); raises FY2024 guidance
Aramark
2024-Q3 EPS reported
$0.53
revenue$12,983,754,000
- Q3 organic revenue +11% YoY; GAAP EPS $0.22, adjusted EPS $0.31 (+51% constant currency).
- Operating income $162M (+22%); adjusted operating income $193M (+21% constant currency).
- Raised FY2024 outlook: organic revenue ~+10%, AOI growth ~+20%, adj. EPS growth ~+35%.
- Extended and upsized revolving credit facility to $1.4B, maturing August 2029.
- Board declared quarterly dividend of $0.095/share, payable September 3, 2024.