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Update: Cintas Shares Rise on Fiscal Q4 Earnings Beat
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Update: Cintas Shares Rise on Fiscal Q4 Earnings Beat
Jul 18, 2024 9:16 AM

11:54 AM EDT, 07/18/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Cintas ( CTAS ) shares were up more than 5% in recent Thursday trading after the company's fiscal Q4 earnings topped market estimates.

The company reported fiscal Q4 earnings of $3.99 per diluted share, up from $3.33 a year earlier.

Analysts polled by Capital IQ expected $3.80.

Revenue for the quarter ended May 31 was $2.47 billion, compared with $2.28 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.47 billion.

The company said it expects fiscal 2025 EPS of $16.25 to $16.75.

Analysts polled by Capital IQ expect $16.27.

Revenue for the fiscal year is expected between $10.16 billion and $10.31 billion, Cintas ( CTAS ) said.

Analysts surveyed by Capital IQ expect $10.27 billion.

Price: 757.30, Change: +37.52, Percent Change: +5.21

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