Cintas Q3 2024 GAAP EPS $3.84 Beats $3.59 Estimate, Sales $2.406B Beat $2.386B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cintas (NASDAQ:CTAS) reported Q3 2024 earnings of $3.84 per share, surpassing the $3.59 estimate, with sales of $2.406B also beating the $2.386B estimate. This represents a 9.86% increase in sales compared to the same period last year.
March 27, 2024 | 12:38 pm
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POSITIVE IMPACT
Cintas reported higher than expected Q3 2024 earnings and sales, with a significant year-over-year sales growth.
Cintas' earnings and sales beat not only demonstrates the company's strong performance but also surpasses analyst expectations, which can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100