Uniform rental provider Vestis Corporation (NYSE:VSTS) will be announcing earnings results this Tuesday before market hours. Here’s what to expect.
Vestis beat analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $686.2 million, flat year on year. It was a softer quarter for the company, with a significant miss of analysts’ EPS estimates.
Is Vestis a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Vestis’s revenue to decline 3% year on year to $664.7 million, improving from the 4.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.07 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Vestis has missed Wall Street’s revenue estimates six times over the last two years.
Looking at Vestis’s peers in the business services & supplies segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Tetra Tech’s revenues decreased 13.4% year on year, beating analysts’ expectations by 6.4%, and UniFirst reported revenues up 2.7%, topping estimates by 1%. Tetra Tech traded up 3% following the results while UniFirst’s stock price was unchanged.
Read our full analysis of Tetra Tech’s results here and UniFirst’s results here.
Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the business services & supplies stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.2% on average over the last month. Vestis is up 14.1% during the same time and is heading into earnings with an average analyst price target of $6.13 (compared to the current share price of $7.19).
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