Aramark (ARMK) released earnings for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $61.85 million, or $0.23 per share. This compares with $53.44 million, or $0.20 per share, last year.
Excluding items, Aramark reported adjusted earnings of $91.79 million or $0.34 per share for the period.
Analysts on average had expected the company to earn $0.33 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.9% to $4.279 billion from $4.199 billion last year.
Aramark earnings at a glance (GAAP) :
-Earnings: $61.85 Mln. vs. $53.44 Mln. last year.
-EPS: $0.23 vs. $0.20 last year.
-Revenue: $4.279 Bln vs. $4.199 Bln last year.
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