Aramark (NYSE:ARMK) will release earnings for its second quarter before the opening bell on Tuesday, May 12.
Analysts expect the company to report quarterly earnings of 48 cents per share, up from 34 cents per share in the year-ago period. The consensus estimate for Aramark’s quarterly revenue is $4.76 billion (it reported $4.28 billion last year), according to Benzinga Pro.
Ahead of quarterly earnings, UBS analyst Joshua Chan, on April 8, maintained an Aramark Buy rating and raised the price target from $47 to $48.
With the recent buzz around Aramark, some investors may be eyeing potential gains from the company’s dividends, too. As of now, Aramark has an annual dividend yield of 1.06%, which is a quarterly dividend amount of 12 cents per share (48 cents a year).
So, how can investors exploit its dividend yield to …
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