Cintas Likely To Report Higher Q1 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Cintas Corporation (NASDAQ:CTAS) is expected to report higher Q1 earnings for fiscal year 2024 on Sept. 26, 2023. Analysts predict earnings of $3.67 per share, up from $3.39 per share a year ago, and revenue of $2.34 billion, up from $2.08 billion. The company's shares rose 0.2% to close at $505.52 on Monday. Several analysts have recently updated their price targets for CTAS, with the highest target being $551.
September 26, 2023 | 6:23 am
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Cintas Corporation is expected to report higher Q1 earnings for FY2024. The company's shares rose 0.2% recently and several analysts have updated their price targets for CTAS, indicating a positive outlook.
The news about the expected increase in earnings and revenue for Cintas Corporation is likely to have a positive impact on the company's stock. The recent rise in the company's shares and the updated price targets by analysts further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100