Categories AlphaGraphs, Earnings, Other Industries
Cintas (CTAS) reports higher Q3 revenues and earnings; lifts FY24 guidance
Uniform rental company Cintas Corporation (NASDAQ: CTAS) reported an increase in revenues and earnings for the third quarter of 2024.
Third-quarter revenue increased 10% year-over-year to $2.41 billion from $2.19 billion in the corresponding period of 2023. Organic revenue growth, adjusted for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.7%. As a result, net income rose to $397.6 million or $3.84 per share in the February quarter from $325.8 million or $3.14 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 $9.57 billion and 9.60 billion and EPS is expected to range from $14.80 to 15.00.
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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
