3 Stocks in the Trading Spotlight Post Earnings
G&K Services (NASDAQ:GK) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 11.86% to $0.66 in the quarter versus EPS of $0.59 in the year-earlier quarter. Revenue Rose 2.3% to $229.5 million from the year-earlier quarter.
G&K Services reported adjusted EPS income of $0.66 per share. By that measure, the company beat the mean analyst estimate of $0.65. It missed the average revenue estimate of $231.24 million.