Aramark Q1 Profit Rises - Quick Facts

(RTTNews) - Aramark Holdings Corp. (ARMK) reported that its first-quarter net income attributable to stockholders increased to $44.76 million or $0.21 per share, from $42.81 million or $0.20 per share, last year. Adjusted net income for the quarter was $111.9 million or $0.52 per share.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.43 for the quarter. Analysts' estimates typically exclude special items.

Sales were $3.76 billion, compared to $3.54 billion, with organic growth of 7%. Analysts expected revenue of $3.70 billion for the quarter.

The company said its outlook for the year remains unchanged. Organic sales growth is expected to be between 3% and 5% on a 52-week basis; and adjusted earnings per share are expected to be between $1.30 and $1.40. Analysts expect the company to report fiscal 2014 earnings per share of $1.31.