Aramark(ARMK) ZACKS·2024-11-04 16:01Company Overview - Aramark (ARMK) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended September 2024, with earnings expected to be 4.44 billion, down 9.4% from the same quarter last year [3] Earnings Report Expectations - The earnings report is scheduled for release on November 11, 2024, and could influence the stock price significantly depending on whether the actual results exceed or fall short of expectations [2] - Management's discussion during the earnings call will play a crucial role in determining the sustainability of any immediate price changes and future earnings expectations [2] Estimate Revisions and Predictions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4] - The Most Accurate Estimate for Aramark is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.09%, suggesting a bearish sentiment among analysts regarding the company's earnings prospects [10][11] Historical Performance - In the last reported quarter, Aramark had an earnings surprise of +3.33%, reporting 0.30 [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times [13] Industry Context - Another company in the Zacks Food - Miscellaneous industry, Flowers Foods (FLO), is expected to post earnings of 1.2 billion, up 0.1% from the previous year [17]