Aramark’s Upcoming Q1 Results Preview
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/ARMK'>Aramark (NYSE:ARMK)</a> ahead of the upcoming Q1 results and raised their price target to $48 from $45.</p>
<p>The analysts expect a modest upside to Q1/23, given the further improvement in RBC's proprietary GOAT Index while encouraging office occupancy data bodes well for continued B&I recovery. Moreover, revenues are recession-resilient, and the analysts expect sustained momentum in new business wins in key verticals such as higher education, K-12, healthcare, and international. </p>
<p>The analysts estimate Q1 revenue of $4.555 billion, modestly above the Street estimate of $4.527 billion, and EPS of $0.42, below the Street estimate of $0.44.</p>

NYSE:ARMK