21.12.2023 14:59:30 - dpa-AFX: ROUNDUP: Cintas Corp. Raises FY24 Guidance

MASON (dpa-AFX) - Cintas Corp. (CTAS), a provider of corporate identity
uniforms and related business services, while announcing higher earnings and
revenues in its second quarter, on Thursday raised its fiscal 2024 earnings and
revenue guidance.

For the year, the company now expects earnings per share of $14.35 to $14.65.

The company had previously expected earnings per share of $14.00 to $14.45.

On average, 16 analysts polled by Thomson Reuters expect earnings of $14.46 per
share for the year. Analysts' estimates typically exclude special items.

In its second quarter, the company's earnings totaled $374.61 million, or $3.61
per share, compared to $324.29 million, or $3.12 per share, in last year's
second quarter.

Analysts had expected the company to earn $3.49 per share.

Cintas's revenue for the quarter rose 9.7% to $2.38 billion from $2.17 billion
last year.

In pre-market activity, Cintas shares are trading at $567.90, up 2.57% on the
Nasdaq.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CINTAS CORP. 880205 Frankfurt 639,400 14.05.24 12:01:11 -1,200 -0,19% 638,000 639,400 637,400 640,600

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