Aramark reports Q4 adjusted EPS 64c, consensus 64c

Reports Q4 revenue $4.9B, consensus $4.79B. “This year represented a significant step forward in achieving our strategic and financial goals,” said John Zillmer, Aramark’s CEO. “Our hospitality, field-focused culture generated a third consecutive year of strong Net New Business, with rising Revenue and AOI resulting in significant Adjusted EPS growth. Throughout the year, we continued to opportunistically de-lever through diligent cash management and strategic asset optimization. Additionally, we completed a key milestone with the Uniform Services spin-off, which we believe enhances our performance and focus. We could not have accomplished these results without our extraordinary teams around the globe, who exemplify our ‘Reach for Remarkable’ mindset in all that they do.”