Top Wall Street Forecasters Revamp Aramark Expectations Ahead Of Q3 Earnings

Top Wall Street Forecasters Revamp Aramark Expectations Ahead Of Q3 Earnings

Aramark (NYSE: ARMK ) will release its third quarter earnings report before the opening bell on Tuesday, Aug. 11 . Analysts expect the Philadelphia, Pennsylvania-based company to report quarterly earnings of 48 cents per share, up from 40 cents per share in the year-ago period. The consensus estimate for Aramark’s quarterly revenue is $4.94 billion. It reported $4.63 billion last year, according to Benzinga Pro .

On Aug. 5, Aramark’s board approved a quarterly dividend of 12 cents per share of common stock. Shares of Aramark fell 0.4% to close at $55.71 on Monday.