Cintas Raises FY24 EPS Outlook From $13.85 - $14.35 To $14.00 - $14.45 Vs. $14.42 Est.
Portfolio Pulse from Benzinga Newsdesk
Cintas has increased its FY24 EPS outlook from $13.85 - $14.35 to $14.00 - $14.45, compared to the estimated $14.42.
September 26, 2023 | 12:35 pm
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POSITIVE IMPACT
Cintas has raised its FY24 EPS outlook, which is now slightly above the estimated value.
Cintas has raised its EPS outlook for FY24, which is a positive signal for investors. This indicates that the company expects to perform better than previously anticipated, which could lead to an increase in the stock price. The new EPS outlook is also slightly above the estimated value, which could further boost investor confidence in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100