Shares of Aramark (ARMK), food service, facilities, and uniform services provider, are rising more than 5% Tuesday morning after reporting better-than-expected third-quarter results.
Earnings for the quarter increased to $338.48 million, or $1.29 per share from $40.33 million, or $0.16 per share, in last year's third quarter.
Excluding items, Aramark reported adjusted earnings of $95.29 million or $0.36 per share, that beat the average estimate of analysts polled by Thomson-Reuters of $0.34 per share.
The company's revenue for the quarter rose 15.1% to $4.749 billion from $4.127 billion last year. The consensus estimate was for $4.59 billion.
ARMK, currently at $40.10, has traded in the range of $30.72 - $45.72 in the last 52 weeks.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.