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published in Blogs
Apr 04, 2022
Sodexo (SDXAY, $14.81) beats Q2 earnings expectations

Sodexo (SDXAY, $14.81) beats Q2 earnings expectations

Sodexo posted its second quarter earnings that surpassed analysts' expectations.

The food services and management company’s earnings came in at €2.27 per share, compared to analysts’ forecast of €2.21 per share (according to Investing.com). 

Looking ahead, the company reiterated its projections for underlying operating profit margin close to 5 percent, at constant rates for fiscal 2022. It now is expecting organic growth to be around the bottom of the range of 15 percent to 18 percent given in October 2021.