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Cintas Corporation (NASDAQ:CTAS) reported better-than-expected quarterly EPS and revenues on Thursday.
Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro.
"Strong cash generation continued to fuel our balanced capital allocation strategy, focusing on new products and services for our customers and new technology to further enhance our position for the long-term, investing in strategic acquisitions and on returning capital to shareholders," said Todd M. Schneider, Cintas' President and Chief Executive Officer.
Cintas said it sees FY25 revenue $10.16 billion-$10.31 billion versus the $10.27 billion estimate. The company sees FY25 EPS of $16.25-$16.75 versus the $16.43 estimate.
Cintas shares fell 0.2% to trade at $757.73 on Friday.
These analysts made changes to their price targets on Cintas following the announcement.
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Posted In: CTAS