Cintas Q3 EPS $3.84 (+22% YoY); raises FY2024 guidance on revenue and EPS

CINTAS CORP

2024-Q3 EPS reported $11.15 revenue$7,125,680,000

Revenue $2.41B (+9.9% YoY); organic growth 7.7%.
Operating margin 21.6% (record high), up 120 bps YoY.
Diluted EPS $3.84, up 22.3% YoY; raised FY2024 EPS guidance to $14.80-$15.00.
Quarterly cash dividend increased 17.1% to $137.6M paid in March.
Management raised FY2024 revenue guidance to $9.57B-$9.60B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CINTAS CORP reported fiscal year 2024 results: revenue annual revenue expectations from a range of $9.48 billion to $9.56 billion to a range of $9.57 billion to $9.60 billion, EPS diluted EPS from a range of $14.35 to $14.65 to a range of $14.80 to $15.00. Guidance raised.

Period: fiscal year 2024
Revenue: annual revenue expectations from a range of $9.48 billion to $9.56 billion to a range of $9.57 billion to $9.60 billion
EPS: diluted EPS from a range of $14.35 to $14.65 to a range of $14.80 to $15.00
Guidance: raised
Result: guidance update

Exact text from the filing

We are raising our annual revenue expectations from a range of $9.48 billion to $9.56 billion to a range of $9.57 billion to $9.60 billion and our diluted EPS from a range of $14.35 to $14.65 to a range of $14.80 to $15.00.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CINTAS CORP reported third quarter ended February 29, 2024 results: revenue Revenue for the third quarter of fiscal 2024 was $2.41 billion, net income Net income was $397.6 million, EPS diluted earnings per share (EPS) was $3.84. Guidance raised.

Period: third quarter ended February 29, 2024
Revenue: Revenue for the third quarter of fiscal 2024 was $2.41 billion
Net income: Net income was $397.6 million
EPS: diluted earnings per share (EPS) was $3.84
Guidance: raised
Result: reported results

Exact text from the filing

Revenue for the third quarter of fiscal 2024 was $2.41 billion compared to $2.19 billion in last year’s third quarter, an increase of 9.9%.

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326 earnings releases filed in the last 30 days. Browse all earnings releases →

CINTAS CORP filing history →

Source: SEC EDGAR

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