earnings
confidence high
sentiment positive
materiality 0.75
Cintas Q1 FY2024 revenue $2.34B (+8.1%); raises FY EPS guidance to $14.00–$14.45
CINTAS CORP
2024-Q1 EPS reported
$3.70
revenue$2,342,330,000
- Revenue $2.34B, up 8.1% YoY; organic growth also 8.1%.
- Record operating margin 21.4% (vs 20.3%); operating income $500.6M (+13.7%).
- Diluted EPS $3.70 vs $3.39; FY2024 EPS guidance raised to $14.00–$14.45 (from $13.85–$14.35).
- Quarterly dividend paid Sept 15: $138.3M, up 17.8% vs prior year.
- FY2024 revenue guidance raised to $9.40B–$9.52B (from $9.35B–$9.50B).