Categories AlphaGraphs, Consumer, Earnings
Cintas (CTAS) reports higher Q2 revenues and earnings; raises full-year guidance
Uniform rental company Cintas Corporation (NASDAQ: CTAS) reported an increase in revenues and earnings for the second quarter of 2024.
Second-quarter revenue increased 9% year-over-year to $2.38 billion from $2.17 billion in the corresponding period of 2023. Organic revenue growth, adjusted for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 9%. As a result, net income rose to $374.6 million or $3.61 per share in the November quarter from $324.3 million or $3.12 per share in the prior year period.
The company also raised its revenue and earnings guidance for fiscal 2024. Revenue is now expected to range between $9.48 billion and 9.56 billion and EPS is expected to range from $14.35 to 14.65.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Biogen’s (BIIB) Q4 2024 earnings results
Biogen Inc. (NASDAQ: BIIB) reported its fourth quarter 2024 earnings results today. Total revenue increased 3% year-over-year to $2.5 billion. Net income attributable to Biogen Inc. was $266.8 million,
Important takeaways from Coca-Cola’s (KO) Q4 2024 earnings
The Coca-Cola Company (NYSE: KO) has wrapped up fiscal 2024 on an upbeat note, reporting stronger-than-expected results for the final quarter of the year. Encouraged by the growth in sales
Walt Disney (DIS): A look at the performance of the streaming business in 1Q25
Shares of The Walt Disney Company (NYSE: DIS) dropped 1% on Tuesday. The stock has gained 6% over the past three months. The company delivered top and bottom line growth