Why Aramark (ARMK) Stock Is Gaining Today

NEW YORK (TheStreet) -- Aramark (ARMK) shares are up 0.94% to $26.80 on Monday after reporting a third quarter EPS of 32 cents per diluted share, 6 cents better than analysts were expecting.

Revenue for the food, facilities and uniform provider increased 3.7% to $3.62 billion, in-line with analysts estimates for the quarter.

The company also raised its full year profit guidance to between $1.45 and $1.50 from its previous estimates of $1.35 to $1.45, ahead on analysts consensus of $1.40.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

ARMK ChartARMK data by YCharts

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

If you liked this article you might like

Aramark Stock Falls After NFL's Tennessee Titans Changes Concession Providers

Aramark (ARMK) Stock Gains on Q3 Earnings Beat

What to Expect When Aramark (ARMK) Posts Q3 Results

New Lifetime High For Aramark (ARMK)

Aramark (ARMK) Showing Signs Of Being Strong And Under The Radar