Why Is Aramark Stock Gaining Today? - Aramark (NYSE:ARMK)

Aramark (NYSE:ARMK) shares climbed Tuesday after the food and facilities services provider posted a modest earnings beat and stronger-than-expected revenue.Management pointed to robust new business momentum and record client retention while reiterating its full-year outlook. • Aramark stock is charging ahead with explosive momentum. What’s behind ARMK gains?Quarterly MetricsThe company reported first-quarter adjusted earnings per share of 51 cents, beating the analyst consensus estimate of 50 cents. Quarter ...