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Cintas Boosts FY24 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2024.
For fiscal 2024, the company now projects earnings in a range of $14.00 to $14.45 per share on revenues between $9.40 billion and $9.52 billion.
Previously, the company expected earnings in the range of $13.85 to $14.35 per share on revenues between $9.35 billion and $9.50 billion.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $14.42 per share on revenues of $9.50 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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vor 694 Tagen
Cintas Boosts FY23 Outlook - Update
While reporting financial results for the third quarter on Thursday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2023.
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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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vor 982 Tagen
Canadian Market Up In Positive Territory; BRP Rises Sharply On Strong Earnings
Despite weak GDP data, the Canadian market is up firmly in positive territory Friday afternoon with stocks from materials and healthcare sectors contributing significantly to the gains.
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vor 2Std 9 Minuten
Swiss Market Ends Modestly Lower
Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
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vor 2Std 46 Minuten
European Stocks Close Lower On Geopolitical Tensions
European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
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vor 3Std 14 Minuten
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August
The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.
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vor 5Std 59 Minuten
Chicago Business Barometer Slumps Much More Than Expected In August
MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
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vor 6Std 18 Minuten
