CTAS - Cintas Beats Expectations With Strong Q4 Earnings Sets Ambitious FY25 Revenue Target | Benzinga
Cintas Corporation (NASDAQ:CTAS) 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. Revenues grew 8.2% year over year.
The organic revenue growth rate for the fourth quarter of fiscal 2024, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and workday differences, was 7.5%.
Gross margin as a percentage of revenue was 49.2% for the fourth quarter of fiscal 2024 compared to 47.7% in last year’s fourth quarter, an increase of 150 ...