Aramark reported fiscal third-quarter 2026 results that exceeded Wall Street expectations, helping send its shares up 10.23% to $61.41 on Tuesday and to a new 52-week high. Adjusted earnings came in at 52 cents per share, above the 48-cent estimate, while revenue rose 9% year over year to $5.06 billion, ahead of the $4.94 billion estimate. The company also raised its full-year organic revenue growth forecast to 9%-10% and kept its outlook for AOI (adjusted operating income) growth of 12%-17%, adjusted EPS growth of 20%-25% and leverage below 3 times, while maintaining adjusted EPS guidance of $2.18-$2.28 versus the $2.22 analyst estimate. Management pointed to stronger demand for Aramark Nexus, its AI data center hospitality offering, where CEO John Zilmer said the addressable market could run into many billions of dollars as hundreds of data center projects are considered in the U.S. and abroad. Aramark has eight sites assigned and under development at various stages, began operations at its first Texas AI data center site for a top global hyperscaler (a very large cloud operator), and is mobilizing a second site, with the scope across the two locations expected to grow about 40% from original estimates.