PAYS - Cintas Reports Upbeat Earnings Joins PaySign Noah Holdings And Other Big Stocks Moving Higher On Wednesday | Benzinga
U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Wednesday.
Shares of Cintas Corporation (NASDAQ: CTAS) rose sharply during Wednesday’s session after the company reported better-than-expected third-quarter financial results and raised FY24 guidance.
Cintas posted GAAP earnings of $3.84 per share, beating market estimates of $3.59 per share. The company’s quarterly sales came in at $2.406 billion, versus expectations of $2.386 billion, according to data from Benzinga Pro.
Cintas shares climbed 9.7% to $694.62 on Wednesday.
Here are some other big stocks recording gains in today’s session.