earnings
confidence high
sentiment positive
materiality 0.85
Cintas Q1 revenue $2.17B, EPS $3.39; raises FY23 EPS outlook to $12.30-$12.65
CINTAS CORP
2023-Q1 EPS reported
$3.39
revenue$2,166,454,000
- Revenue $2.17B, +14.2% YoY (organic +13.9%); gross margin 47.5% vs 47.6%.
- Diluted EPS $3.39 vs $3.11 YoY; adjusted EPS $3.39 vs $3.02, up 12.3%.
- Raises FY23 revenue guidance to $8.58B-$8.67B from $8.47B-$8.58B.
- Raises FY23 diluted EPS guidance to $12.30-$12.65 from $11.90-$12.30.
- Q1 operating cash flow $298.2M; share buybacks $210.8M; dividend $97.7M.