Vestis: Fiscal Q1 Earnings Snapshot
ROSWELL, Ga. (AP) — ROSWELL, Ga. (AP) — Vestis Corp. (VSTS) on Wednesday reported fiscal first-quarter net income of $12.3 million.
ROSWELL, Ga. (AP) — ROSWELL, Ga. (AP) — Vestis Corp. (VSTS) on Wednesday reported fiscal first-quarter net income of $12.3 million.
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The Roswell, Georgia-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs, were 22 cents per share.
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The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The provider of uniforms and workplace supplies posted revenue of $717.9 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VSTS at https://www.zacks.com/ap/VSTS