Reports Q3 revenue $2.41B, consensus $2.39B. Todd Schneider, Cintas’ president and CEO, stated, “Our third quarter results reflect the outstanding dedication and execution of our employees, whom we call partners. Each of our operating segments continue to execute at a high level, which led to robust revenue growth of 9.9%, record high gross margin of 49.4%, record high operating margin of 21.6% and diluted EPS growth of 22.3%.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTAS:
- Options Volatility and Implied Earnings Moves Today, March 27, 2024
- Options Volatility and Implied Earnings Moves This Week, March 26 – March 28, 2024
- CTAS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Cintas has acquired Paris Uniform Services, no terms
- Cintas price target raised to $675 from $645 at RBC Capital