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
Key highlights from Bank of America’s (BAC) Q4 2024 earnings results
Bank of America Corporation (NYSE: BAC) reported its fourth quarter 2024 earnings results today. Revenue, net of interest expense, was $25.3 billion, up 15% year-over-year. Net income was $6.7 billion,
US Bancorp (USB) Q4 profit rises on higher revenues, beats estimates
U.S. Bancorp (NYSE: USB) Thursday reported an increase in revenue and profit for the fourth quarter of 2024. Earnings also came in above analysts' forecasts. Total net revenue increased 3.7%
UnitedHealth Group (UNH) Q4 2024 Earnings: Key financials and quarterly highlights
UnitedHealth Group (NYSE: UNH) reported its fourth quarter 2024 earnings results today. Total revenues were $100.8 billion compared to $94.4 billion reported in the same period a year ago. Net