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Benzinga
Benzinga
Business
Avi Kapoor

Cintas Analysts Slash Their Forecasts Following Q1 Results

Cintas CTAs
Cintas,Facility,Services,Van,,Manassas,,Va,,Usa,,December,5,,2024

Cintas Corporation (NASDAQ: CTAS) posted stronger-than-expected first-quarter sales and expanding margins on Wednesday.

The firm reported first-quarter earnings per share of $1.20, in line with the analyst consensus estimate. Quarterly sales of $2.718 billion (+8.7% year over year), beating the Street view of $2.698 billion. Revenue growth in the quarter was positively impacted by 0.9% due to acquisitions.

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