Cintas Corporation Raised FY25 EPS Guidance From $4.06-$4.19 To $4.17-$4.25 (Est: $4.17), After Giving Effect To The Four-for-one Stock Split Of Cintas' Common Stock On September 11
Portfolio Pulse from Nabaparna Bhattacharya
Cintas Corporation has raised its FY25 EPS guidance following a four-for-one stock split. The new guidance is $4.17-$4.25, up from the previous $4.06-$4.19, aligning with estimates.
September 25, 2024 | 12:40 pm
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Cintas Corporation has increased its FY25 EPS guidance to $4.17-$4.25 after a four-for-one stock split, aligning with market estimates.
The increase in EPS guidance suggests improved financial performance expectations, which is typically positive for stock prices. The alignment with estimates indicates market confidence, and the recent stock split may attract more investors due to increased affordability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100