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Cintas Boosts FY23 Outlook - Update
(RTTNews) - While reporting financial results for the third quarter on Thursday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2023.
For fiscal 2023, the company now projects earnings in a range of $12.70 to $12.90 per share on revenues between $8.74 billion and $8.80 billion.
Previously, the company expected earnings in the range of $12.50 to $12.80 per share on revenues between $8.67 billion and $8.75 billion.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $12.73 per share on revenues of $8.73 billion for the year. Analysts' estimates typically exclude special items.
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Cintas Acquires North Carolina-based Rental Uniform Service For Undisclosed Terms
Cintas Corp. (CTAS) announced Thursday it has acquired Rental Uniform Service, a North Carolina-based, family-owned and operated uniform and facility services rental business. The terms of the deal were not disclosed.
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698 dias atrás
Cintas Boosts FY24 Outlook - Update
While reporting financial results for the first quarter on Tuesday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2024.
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707 dias atrás
Cintas Boosts FY23 Outlook As Q2 Results Top Estimates
Business services company Cintas reported on Wednesday that profit for the second quarter grew 10 percent from last year, driven by improved margins and double-digit revenue growth. Both earnings per share and revenues topped analysts' expectations. The company also raised its earnings and revenue outlook for the full-year 2023.
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986 dias atrás
CAC 40 Slips Amidst Fiscal Concerns
A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.
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1h 7min atrás
DAX Dips As Inflation Spike Hurts Sentiment
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading deep in the red amidst a higher-than-expected level of inflation reading from Euro Area.
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2h 9min atrás
Sensex, Nifty Give Up Early Gains To End Lower
Indian shares gave up early gains to end lower on Tuesday ahead of the upcoming two-day Goods and Services Tax (GST) Council meeting later this week.
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Pound Slides After UK Starmer's Reshuffle
The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline.
In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
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3h 18min atrás
Eurozone Inflation Rises Slightly To 2.1%
Eurozone inflation rose marginally in August but the rate remained near to the European Central Bank's 2 percent target, official data revealed on Tuesday. The harmonized index of consumer prices rose 2.1 percent year-on-year in August, slightly faster than the 2.0 percent increase in July, flash data from Eurostat showed.
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3h 26min atrás
