Cintas Beats Expectations With Strong Q4 Earnings, Sets Ambitious FY25 Revenue Target
Portfolio Pulse from Nabaparna Bhattacharya
Cintas Corporation (NASDAQ:CTAS) reported strong Q4 earnings, beating expectations with an EPS of $3.99 and revenues of $2.471 billion. The company also announced a four-for-one stock split and set ambitious FY25 revenue and EPS targets.
July 18, 2024 | 1:56 pm
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Cintas Corporation reported strong Q4 earnings, beating expectations with an EPS of $3.99 and revenues of $2.471 billion. The company also announced a four-for-one stock split and set ambitious FY25 revenue and EPS targets.
Cintas' strong Q4 earnings and revenue beat, along with the announcement of a four-for-one stock split, are likely to positively impact the stock price in the short term. The ambitious FY25 targets further bolster investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100