Vestis Corp. Q3 Results: Bucking Trends

Vestis Corporation, a uniform rental company, is set to release its latest financial results after the market closes on Monday. Analysts predict a slight increase in revenue to $685.5 million, matching last years figures, and adjusted earnings of $0.06 per share. Despite consistent predictions, investors are cautious due to Vestiss history of missing revenue estimates. Competitors like Driven Brands and Tetra Tech have seen revenue growth, leading to stock price increases. However, the broader sector has seen a three percent drop in stock prices over the last month, except for Vestis, which has seen a twenty-three percent increase.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.