Cintas Beats Q1 Earnings On Margin Strength, Boosts Outlook
Portfolio Pulse from Nabaparna Bhattacharya
Cintas Corporation (NASDAQ:CTAS) reported strong Q1 earnings, beating analyst expectations with EPS of $1.10 and sales of $2.50 billion. The company also raised its FY25 revenue and EPS guidance, reflecting positive margin growth and a recent stock split.
September 25, 2024 | 2:26 pm
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Cintas Corporation reported better-than-expected Q1 earnings, with EPS of $1.10 surpassing the consensus of 95 cents. The company also raised its FY25 revenue and EPS guidance, indicating strong financial health and positive future prospects.
Cintas' Q1 earnings exceeded expectations, with significant margin improvement and increased cash flow. The raised FY25 guidance suggests continued growth, likely boosting investor confidence and positively impacting the stock price in the short term.
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