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Seeking Clues to Aramark (ARMK) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
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Wall Street analysts expect Aramark (ARMK - Free Report) to post quarterly earnings of $0.75 per share in its upcoming report, which indicates a year-over-year increase of 17.2%. Revenues are expected to be $5.27 billion, up 4.3% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Aramark metrics that Wall Street analysts commonly model and monitor.
The consensus among analysts is that 'Revenues- FSS International' will reach $1.51 billion. The estimate indicates a year-over-year change of +4.4%.
Analysts forecast 'Revenues- FSS United States' to reach $3.74 billion. The estimate indicates a change of +3.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating Income- FSS United States' of $277.84 million. The estimate compares to the year-ago value of $212.08 million.
The combined assessment of analysts suggests that 'Operating Income- FSS International' will likely reach $77.58 million. The estimate is in contrast to the year-ago figure of $39.23 million.
The consensus estimate for 'Adjusted Operating Income- FSS United States' stands at $302.35 million. Compared to the current estimate, the company reported $246.14 million in the same quarter of the previous year.
The average prediction of analysts places 'Adjusted Operating Income- FSS International' at $86.43 million. Compared to the present estimate, the company reported $75.89 million in the same quarter last year.
Shares of Aramark have experienced a change of -1% in the past month compared to the -3.7% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ARMK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Seeking Clues to Aramark (ARMK) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Wall Street analysts expect Aramark (ARMK - Free Report) to post quarterly earnings of $0.75 per share in its upcoming report, which indicates a year-over-year increase of 17.2%. Revenues are expected to be $5.27 billion, up 4.3% from the year-ago quarter.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Aramark metrics that Wall Street analysts commonly model and monitor.
The consensus among analysts is that 'Revenues- FSS International' will reach $1.51 billion. The estimate indicates a year-over-year change of +4.4%.
Analysts forecast 'Revenues- FSS United States' to reach $3.74 billion. The estimate indicates a change of +3.8% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Operating Income- FSS United States' of $277.84 million. The estimate compares to the year-ago value of $212.08 million.
The combined assessment of analysts suggests that 'Operating Income- FSS International' will likely reach $77.58 million. The estimate is in contrast to the year-ago figure of $39.23 million.
The consensus estimate for 'Adjusted Operating Income- FSS United States' stands at $302.35 million. Compared to the current estimate, the company reported $246.14 million in the same quarter of the previous year.
The average prediction of analysts places 'Adjusted Operating Income- FSS International' at $86.43 million. Compared to the present estimate, the company reported $75.89 million in the same quarter last year.
View all Key Company Metrics for Aramark here>>>Shares of Aramark have experienced a change of -1% in the past month compared to the -3.7% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ARMK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .