earnings
confidence high
sentiment positive
materiality 0.75
Cintas Q3 beats: rev $1.96B (+10%), EPS $2.97; guides Q4 $2.54-2.74
CINTAS CORP
2022-Q3 EPS reported
$8.84
revenue$5,779,773,000
- Revenue $1.96B (+10.3% YoY); organic growth 10.0%; gross margin 45.8%.
- Diluted EPS $2.97 ($2.69 excl. $0.28 gain); prior year $2.37.
- Q4 guidance: rev $1.96-2.02B, EPS $2.54-2.74; higher tax rate reduces EPS by ~$0.14.
- Operating cash flow $393.3M; share repurchases $584.2M YTD; $99M dividend paid.
- New $2B revolving credit facility matures 2027, replaces prior 2019 facility.