AramarkNYSE: ARMK

I reiterate a buy rating for ARMK due to its robust FY25 outlook, driven by organic growth and a strengthened balance sheet. Aramark's 4Q24 earnings were in line with expectations, with revenue growth driven by organic means and strong pipeline momentum. The launch of Avendra, ARMK's global GPO, is expected to enhance margins by leveraging scale for better purchasing deals.

ARMK's fiscal Q4 results show record revenues and profitability across both segments, driven by organic revenue growth and higher profitability.

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling more than 50 points on Monday.

Aramark (NYSE:ARMK ) Q4 2024 Earnings Conference Call November 11, 2024 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations and Corporate Development John Zillmer - Chief Executive Officer Jim Tarangelo - Chief Financial Officer Conference Call Participants Neil Tyler - Redburn Atlantic Josh Chan - UBS Isaac Sellhausen - Oppenheimer Andrew Steinerman - JPMorgan Lizzie Dove - Goldman Sachs Jasper Bibb - Truist Securities Faiza Alwy - Deutsche Bank Adam Parrington - Stifel Toni Kaplan - Morgan Stanley Andrew Wittmann - Baird Jaafar Mestari - BNP Paribas Exane Harold Antor - Jefferies Operator Good morning, and welcome to Aramark's Fiscal 2024 Earnings Results Conference Call. My name is Kevin, and I'll be your operator for today's call.

Although the revenue and EPS for Aramark (ARMK) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Aramark (ARMK) came out with quarterly earnings of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.64 per share a year ago.

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported results for the full year of fiscal 2024. “We reached new highs in our financial performance every quarter during fiscal 2024, ultimately achieving record revenue and AOI profitability for any year in Global FSS history,” said John Zillmer, Aramark's Chief Executive Officer. “Aramark's results are a testament to what our teams are capable of—continuously raising the bar and challenging ourselves across the organization to delive.

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.

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark, (NYSE: ARMK), a global leader in food and facilities services, is proud to announce a new partnership with Asbury Communities, a national leader in senior living. This collaboration will bring Aramark's SeniorLIFE+ dining services to five of Asbury's continuing care retirement communities, elevating life experiences through dining and hospitality services. Aramark SeniorLIFE+ is dedicated to providing curated solutions for carefree senior living and will.