Cintas Lifts Outlook After Q3 Beat, Shares Surge 7…
From Financial Modeling Prep: 2025-03-26 12:28:00
Cintas (NASDAQ:CTAS) stock surged 7% after raising full-year earnings and revenue outlook following strong Q3 results. Earnings per share beat estimates at $1.13, with revenue slightly above expectations at $2.61 billion.
Gross margin improved to 50.6%, exceeding estimates and showcasing operational strength. Fiscal 2025 EPS guidance was raised to $4.36-$4.40, higher than the previous range and analyst forecasts.
Revenue forecast was also raised to $10.28-$10.31 billion for the full year, slightly higher than the previous range. Analysts were expecting $10.32 billion in sales.
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