Cintas Surpasses Q3 Estimates With Strong Growth, Raises FY25 EPS Outlook

Cintas Corporation (NASDAQ:CTAS) reported third-quarter earnings per share of $1.13 on Wednesday, beating the street view of $1.06. Quarterly sales of $2.609 billion (+8.4% year over year) outpaced the analyst consensus estimate of $2.597 billion.

The company’s shares are trading higher following the announcement of the results.

The organic revenue growth rate for the third quarter, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.9%.

Quarterly gross profit was $1.32 billion, an increase of 11.1% year over year. Gross margin expanded to 50.6% from 49.4% in last year’s third quarter, an ...