CTAS

CINTAS CORP

212.7545
USD
-0.01%
212.7545
USD
-0.01%
131.6200 213.1000
52 weeks
52 weeks

Mkt Cap 21.79B

Shares Out 105.32M

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Cintas (CTAS) Beats Q4 Earnings & Revenues on Organic Growth

Business services provider Cintas Corporation CTAS recorded strong fourth-quarter fiscal 2017 (ended May 31, 2017) results on the back of healthy top-line growth. Net income from continuing operations for the reported quarter was $82.2 million or 75 cents per share compared with $115.7 million or $1.06 per share in the year-earlier quarter. Adjusted earnings for the reported quarter beat the Zacks Consensus Estimate by 10 cents.

Cintas Corporation Price, Consensus and EPS Surprise

Quarterly revenues increased 23.1% year over year to $1,530.3 million, exceeding the Zacks Consensus Estimate of $1,509 million. Organic growth for the reported quarter improved 8.1% year over year. The superior top-line performance was primarily attributable to the addition of new customers, strong customer retention and higher penetration of existing customers through better and innovative products and services.

For fiscal 2017, net income and earnings per share (EPS) from continuing operations were $457.3 million and $4.17, respectively, compared...


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