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Cintas (CTAS) Reports Q4 Earnings: What Key Metrics Have to Say
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For the quarter ended May 2024, Cintas (CTAS - Free Report) reported revenue of $2.47 billion, up 8.2% over the same period last year. EPS came in at $3.99, compared to $3.33 in the year-ago quarter.
The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of $2.47 billion. With the consensus EPS estimate being $3.80, the EPS surprise was +5.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Cintas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total Revenue- Uniform Rental and Facility Services: $1.91 billion versus $1.91 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
Total Revenue- Other: $559.75 million versus the six-analyst average estimate of $555.71 million.
Revenue- All Other: $282.11 million compared to the $281.31 million average estimate based on five analysts. The reported number represents a change of +7.9% year over year.
Revenue- First Aid and Safety Services: $277.64 million versus the five-analyst average estimate of $274.74 million. The reported number represents a year-over-year change of +11.2%.
Income before income taxes- Uniform Rental and Facility Services: $432.95 million compared to the $426.63 million average estimate based on five analysts.
Income before income taxes- First Aid and Safety Services: $63.33 million versus $57.99 million estimated by five analysts on average.
Income before income taxes- All Other: $51.32 million versus the five-analyst average estimate of $44.98 million.
Shares of Cintas have returned +1.2% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Cintas (CTAS) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended May 2024, Cintas (CTAS - Free Report) reported revenue of $2.47 billion, up 8.2% over the same period last year. EPS came in at $3.99, compared to $3.33 in the year-ago quarter.
The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of $2.47 billion. With the consensus EPS estimate being $3.80, the EPS surprise was +5.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Cintas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total Revenue- Uniform Rental and Facility Services: $1.91 billion versus $1.91 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
- Total Revenue- Other: $559.75 million versus the six-analyst average estimate of $555.71 million.
- Revenue- All Other: $282.11 million compared to the $281.31 million average estimate based on five analysts. The reported number represents a change of +7.9% year over year.
- Revenue- First Aid and Safety Services: $277.64 million versus the five-analyst average estimate of $274.74 million. The reported number represents a year-over-year change of +11.2%.
- Income before income taxes- Uniform Rental and Facility Services: $432.95 million compared to the $426.63 million average estimate based on five analysts.
- Income before income taxes- First Aid and Safety Services: $63.33 million versus $57.99 million estimated by five analysts on average.
- Income before income taxes- All Other: $51.32 million versus the five-analyst average estimate of $44.98 million.
View all Key Company Metrics for Cintas here>>>Shares of Cintas have returned +1.2% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.