NYSE$ARMK
Aramark · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Aramark's Q3 2020 earnings were affected by COVID-19, but the company showed strong cash flow management and sequential monthly revenue improvement.
Aramark reported a significant decrease in revenue due to the impact of COVID-19, which was partially offset by cost mitigation efforts. The company focused on cash flow management and launched a new platform for hygienic standards.
- Strong cash flow management and liquidity, with over $2.5 billion cash availability at quarter-end.
- Sequential monthly revenue improvement in the third quarter, particularly in Uniforms, International, Education, and Leisure.
- EPS of $(1.01); Adjusted EPS of $(0.69), including severance charges related to organizational realignment.
- Launched EverSafe™ proprietary platform providing reopening solutions for clients maintaining superior hygienic standards.
Headline financials
Revenue & EPS history
Aramark · Revenue · Quarterly
$2.15B
Forward guidance
Aramark anticipates sequential top-line improvement in the fourth quarter compared to the third quarter and is focused on effectively managing costs and Free Cash Flow.
Tailwinds
- Improved client retention trends and new business wins
- Increased agility in managing cost structure that led to an AOI drop-through at 20% of the corresponding revenue decline
- Enhanced financial flexibility to promptly scale services to meet changing client needs
- Providing meals, food, supplies and PPE for local communities as well as offering safe and hygienic solutions for employees, clients and customers
- Client activity at various stages of reopening based on geography and sector, particularly Education
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
+0.4%
Avg return
Earnings day
+1.5%
Avg return
5 days after
+3.4%
Avg return
30 days after
50%
27 / 54 earnings
Positive
+9.8%
Q2 2025
Best reaction
-9.0%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +1.1% | +19.3% | +22.4% | |
| Q1 2026 | +5.6% | +0.5% | +3.1% | |
| Q4 2025 | -5.2% | -0.5% | -0.7% | |
| Q2 2025 | +9.8% | +12.2% | +16.2% | |
| Q1 2025 | -2.1% | -0.9% | -7.6% | |
| Q4 2024 | -2.8% | -4.5% | +4.2% | |
| Q3 2024 | +1.8% | +4.4% | +13.0% | |
| Q2 2024 | +0.8% | +5.3% | +3.4% | |
| Q1 2024 | -1.8% | +3.7% | +7.5% | |
| Q4 2023 | -5.2% | -2.8% | -3.3% | |
| Q3 2023 | +9.0% | +3.2% | -3.4% | |
| Q2 2023 | +7.2% | +8.9% | +19.0% | |
| Q1 2023 | -9.0% | -12.3% | -18.3% | |
| Q4 2022 | +4.2% | +4.6% | +7.4% | |
| Q3 2022 | +3.1% | +5.8% | +4.7% | |
| Q2 2022 | -4.4% | -1.8% | -1.5% | |
| Q1 2022 | +3.3% | -1.4% | -4.3% | |
| Q4 2021 | +0.3% | -3.9% | -12.2% | |
| Q3 2021 | +0.5% | +1.5% | -4.7% | |
| Q2 2021 | -3.5% | +3.9% | -0.3% | |
| Q1 2021 | -0.7% | -2.7% | +12.5% | |
| Q4 2020 | -3.3% | +1.0% | +7.9% | |
| Q3 2020 | +1.8% | +12.4% | +37.7% | |
| Q2 2020 | -7.0% | +2.1% | +10.5% | |
| Q1 2020 | -1.9% | -7.0% | -23.3% | |
| Q4 2019 | -0.4% | -1.9% | -0.5% | |
| Q3 2019 | +8.0% | +9.2% | +20.4% | |
| Q2 2019 | -2.6% | +0.0% | +12.4% | |
| Q1 2019 | -1.4% | -5.4% | -11.4% | |
| Q4 2018 | +2.4% | +6.6% | -5.4% | |
| Q3 2018 | +5.1% | +4.6% | +6.0% | |
| Q2 2018 | +1.1% | +2.6% | +6.1% | |
| Q1 2018 | -4.8% | -7.1% | -6.8% | |
| Q4 2017 | -7.0% | -4.7% | -2.0% | |
| Q3 2017 | +0.7% | -1.1% | +1.3% | |
| Q2 2017 | +2.9% | +1.5% | +9.1% | |
| Q1 2017 | +6.0% | +6.1% | +8.5% | |
| Q4 2016 | -8.7% | -6.6% | -0.6% | |
| Q3 2016 | +5.5% | +5.0% | +4.3% | |
| Q2 2016 | -3.2% | — | — | |
| Q1 2016 | -0.6% | — | — | |
| Q4 2015 | +9.2% | — | — | |
| Q3 2015 | -0.1% | — | — | |
| Q2 2015 | +1.6% | — | — | |
| Q1 2015 | -3.4% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q4 2014 | +4.3% | — | — | |
| Q3 2013 | -0.3% | — | — | |
| Q3 2014 | -0.3% | — | — | |
| Q2 2013 | -2.0% | — | — | |
| Q2 2014 | -2.0% | — | — | |
| Q4 2013 | +3.4% | — | — | |
| Q1 2014 | +3.4% | — | — | |
| Q1 2013 | +3.4% | — | — | |
| Q3 2012 | — | — | — |
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