CTAS Stock Recent News

Cintas Corporation CTAS reported better-than-expected quarterly EPS and revenues on Thursday.

Cintas Corporation saw its shares spike by 5.4% after positive Q4 results and strong 2025 guidance from management. Revenue, profits, and cash flows all rose significantly in 2024, with expectations for continued growth in 2025. Despite the positive outlook, shares are considered expensive and are rated as a 'sell' due to high valuation compared to similar companies.

Shares of Cintas (CTAS) traded at an all-time high Thursday, extending a strong year, after the business supplies company reported better-than-expected results and gave an upbeat outlook.

Cintas' (CTAS) fourth-quarter fiscal 2024 revenues increase 8.2% year over year on solid segmental sales.

Cintas Corporation (NASDAQ:CTAS ) Q4 2024 Results Conference Call July 18, 2024 10:00 AM ET Company Participants Jared Mattingley - VP and Treasurer, IR Todd Schneider - President and CEO Mike Hansen - EVP and CFO Conference Call Participants Joshua Chan - UBS Heather Balsky - Bank of America Andy Wittmann - R.W. Baird George Tong - Goldman Sachs Tim Mulrooney - William Blair Andrew Steinerman - JPMorgan Jasper Bibb - Truist Securities Manav Patnaik - Barclays Scott Schneeberger - Oppenheimer Adam Parrington - Stifel Nicolaus Ashish Sabadra - RBC Capital Markets Faiza Alwy - Deutsche Bank Stephanie Moore - Jefferies Operator Good day, everyone, and welcome to the Cintas Corporation Announces Fiscal 2024 Fourth Quarter and Full Year Results.

Cintas Corporation stock is rallying after a positive Q2 earnings report, with potential for further growth despite risks. The company provides products and services for clean and safe work environments, with expanding margins and strong cash flow. Management expects ongoing growth in fiscal 2025, with revenue and earnings guidance suggesting continued success and potential for acquisitions.

Cintas Corporation's NASDAQ: CTAS Q4 results and guidance prove its parabolic share price movement can continue. The results continue a trend that includes organic and acquisitional growth, widening margins, robust cash flow, and capital returns.

While the top- and bottom-line numbers for Cintas (CTAS) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cintas (CTAS) came out with quarterly earnings of $3.99 per share, beating the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $3.33 per share a year ago.

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2024 fourth quarter ended May 31, 2024. Revenue for the fourth quarter of fiscal 2024 was $2.47 billion compared to $2.28 billion in last year's fourth quarter, an increase of 8.2%. The organic revenue growth rate for the fourth quarter of fiscal 2024, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and workday differences, was 7.5%. Gross margin for th.