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Cintas Fiscal Q1 Earnings, Revenue Rise; Fiscal 2025 Guidance Lifted
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Cintas Fiscal Q1 Earnings, Revenue Rise; Fiscal 2025 Guidance Lifted
Oct 3, 2024 1:21 AM

09:08 AM EDT, 09/25/2024 (MT Newswires) -- Cintas ( CTAS ) reported fiscal Q1 earnings Wednesday of $1.10 per diluted share, up from $0.93 a year earlier.

Analysts polled by Capital IQ expected $1.

Revenue for the fiscal quarter ended Aug. 31 was $2.50 billion, compared with $2.34 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.49 billion.

For fiscal 2025, the company said it now expects earnings of $4.17 to $4.25 per diluted share on revenue ranging between $10.22 billion and $10.32 billion, compared with its previous guidance of $4.06 to $4.19 per diluted share in earnings on revenue ranging between $10.16 billion and $10.31 billion.

Analysts polled by Capital IQ expect earnings of $4.17 per diluted share on revenue of $10.27 billion.

The company's shares were up over 2% in recent Wednesday premarket activity.

Price: 209.00, Change: +4.15, Percent Change: +2.03

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