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Here is how Aramark (ARMK) and European Wax Center, Inc. (EWCZ) have performed compared to their sector so far this year.
Aramark (ARMK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Although the revenue and EPS for Aramark (ARMK) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Aramark (ARMK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Aramark rated Strong Buy, more bullish than the consensus today on Seeking Alpha. Tailwinds from the cheap share price, earnings and revenue growth, strong client retention, declining debt, and growing equity. Headwinds from the modest risk of recently losing two major university contracts in 2023.
Aramark (NYSE:ARMK ) Q4 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations & Corporate Development John Zillmer - CEO Tom Ondrof - CFO Conference Call Participants Harry Martin - Bernstein Neil Tyler - Redburn Atlantic Ian Zaffino - Oppenheimer Andrew Steinerman - JPMorgan Heather Balsky - BOA Andrew Wittmann - Baird Toni Kaplan - Morgan Stanley Shlomo Rosenbaum - Stifel Josh Chan - UBS Stephanie Moore - Jefferies Operator Good morning, and welcome to Aramark's Fourth Quarter and Full Year Fiscal 2023 Earnings Results Conference Call. My name is Kevin, and I'll be your operator for today's call.
Shares of Aramark ARMK, slipped 0.1% in premarket trading Tuesday, after the food and facilities company matched fiscal fourth-quarter profit expectations but beat revenue forecasts. Net income for the quarter to Sept.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Aramark (ARMK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2023.