CTAS - Cintas GAAP EPS tops FQ4 expectation; sees FY2023 revenue above consensus and EPS in-line
- Cintas press release ( NASDAQ: CTAS ): FQ4 GAAP EPS of $2.81 beats by $0.14 .
- Revenue of $2.07B (+12.5% Y/Y) beats by $70M .
- Shares -3.8% PM.
- The organic revenue growth rate for the quarter was 12.7%.
- The organic revenue growth rates for the Uniform Rental and Facility Services and First Aid and Safety Services reportable operating segments were 10.5% and 15.1%.
- For FY2023, revenue to be in the range of $8.47B to $8.58B vs. consensus of $8.32B and diluted EPS to be in the range of $11.90 to $12.30 vs. consensus of $12.22.
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Cintas GAAP EPS tops FQ4 expectation; sees FY2023 revenue above consensus and EPS in-line