Aramark reports fourth quarter and full year 2019 earnings

Reports fourth quarter and full year 2019 earnings.q4 revenue $4.0 billion versus refinitiv ibes estimate of $3.94 billion.q4 earnings per share $0.34.q4 earnings per share estimate $0.69 -- refinitiv ibes data."well-positioned to accelerate revenue growth".sees 2020 fiscal year organic revenue growth of approximately 3%.sees 2020 fiscal year adjusted eps growth led by further synergy capture from avendra & ameripride integration.sees 2020 fcf generation of at least $600 million.qtrly adjusted revenue grew 4.9%.qtrly adjusted. revenue growth attributed to 3.0% growth in legacy business, 1.9% increase related to accounting rule change.q4 adjusted earnings per share $0.68.
ARMK Ratings Summary
ARMK Quant Ranking