Recap: Aramark Q2 Earnings

Shares of Aramark ARMK were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share were down 192.31% year over year to ($0.24), which beat the estimate of ($0.34).

Revenue of $2,819,692,000 declined by 24.45% year over year, which beat the estimate of $2,750,000,000.

Looking Ahead

Aramark hasn't issued any earnings guidance for the time being.

Aramark hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 11, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/run9z4e8

Recent Stock Performance

Company's 52-week high was at $43.12

Company's 52-week low was at $20.31

Price action over last quarter: Up 2.42%

Company Overview

Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.