Cintas (CTAS) Reports Higher Revenues and Earnings in Q3; Upgrades Full-Year Outlook
Wednesday, 27 March 2024, 12:39
Cintas (CTAS) Q3 Financial Performance Overview
Uniform rental company Cintas Corporation (NASDAQ: CTAS) reported a strong performance for the third quarter of 2024, demonstrating a 10% increase in revenue year-over-year to $2.41 billion.
Key Highlights:
- Organic revenue growth of 7.7%
- Net income rose to $397.6 million or $3.84 per share
- Raised revenue and earnings guidance for FY24
The positive financial results from Cintas indicate a robust business performance and optimistic outlook for the company moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.