earnings
confidence high
sentiment positive
materiality 0.75
Cintas Q3 revenue $2.19B (+11.7% YoY), EPS $3.14; raises FY guidance
CINTAS CORP
2023-Q3 EPS reported
$9.65
revenue$6,531,298,000
- Revenue $2.19B, up 11.7% YoY; organic growth 11.8%.
- Diluted EPS $3.14 vs $2.97; adjusted EPS up 16.7% to $3.14 from $2.69.
- Gross margin 47.2% (+140 bps); operating margin 20.4% (+110 bps adj.).
- FY23 revenue guidance raised to $8.74-$8.80B; EPS to $12.70-$12.90.
- Quarterly dividend increased 18.6% to $117.4M, paid December 2022.