ARAMARK Holdings Corp (ARMK) Updates FY14 Earnings Guidance
ARAMARK Holdings Corp (NASDAQ:ARMK) issued an update on its FY14 earnings guidance on Monday morning. The company provided earnings per share guidance of $1.45-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.40, American Banking News reports.
Shares of ARAMARK Holdings Corp (NASDAQ:ARMK) traded up 0.08% on Monday, hitting $26.57. 1,054,594 shares of the company’s stock traded hands. ARAMARK Holdings Corp has a 52 week low of $20.10 and a 52 week high of $29.98. The stock’s 50-day moving average is $26.70 and its 200-day moving average is $27.14. The company has a market cap of $6.142 billion and a P/E ratio of 46.50.
ARAMARK Holdings Corp (NASDAQ:ARMK) last announced its earnings results on Monday, August 11th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.10. The company had revenue of $3.62 billion for the quarter, compared to the consensus estimate of $101.72 million. The company’s quarterly revenue was up 3.7% on a year-over-year basis. On average, analysts predict that ARAMARK Holdings Corp will post $1.42 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 9th. Investors of record on Tuesday, August 19th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Friday, August 15th.
ARAMARK Holdings Corporation is a global provider of food, facilities and uniform services to education, healthcare, business and industry and sports, leisure and corrections clients.
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