Aramark Shares Gain 8% Since Q2 Beat 
<p><a href='https://financialmodelingprep.com/financial-summary/ARMK'>Aramark Services (NYSE:ARMK)</a> shares rose 8% since the company reported its Q2 earnings results, with EPS coming in at $0.28, better than the Street estimate of $0.26. Revenue was $4.6 billion, beating the Street estimate of $4.39 billion.</p>
<p>Furthermore, there was a wide-ranging increase in revenue throughout the company's portfolio and geographical locations. With regards to the planned Uniform spin-off, the company maintains its expectation of completing the transaction by fiscal year 2023.</p>
<p>Lastly, the company maintained its commitment to deleveraging the balance sheet and expects leverage to be below 4.0x by fiscal year-end aided by free cash flow guidance of approximately $300 million and earnings growth.</p>

NYSE:ARMK