Cintas Expects FY24 Revenue Of $9.35B-$9.50B (Consensus $9.39B), EPS Of $13.85-$14.35 (Consensus $14.29)
Portfolio Pulse from Benzinga Newsdesk
Cintas Corporation has projected its FY24 revenue to be between $9.35 billion and $9.50 billion, with EPS ranging from $13.85 to $14.35. These figures are in line with the consensus estimates of $9.39 billion in revenue and $14.29 EPS.
July 13, 2023 | 12:34 pm
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Cintas Corporation's FY24 revenue and EPS projections align with consensus estimates, indicating stable growth expectations.
Cintas Corporation's FY24 revenue and EPS projections are in line with consensus estimates, suggesting that the market's growth expectations for the company are stable. This is likely to have a neutral impact on the company's stock price in the short term, as it does not significantly deviate from what investors were already expecting.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100