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Cintas: Fiscal Q4 Earnings Snapshot

Associated Press Finance
·1 min read

CINCINNATI (AP) — CINCINNATI (AP) — Cintas Corp. (CTAS) on Thursday reported fiscal fourth-quarter net income of $414.3 million.

The Cincinnati-based company said it had net income of $3.99 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.80 per share.

The uniform rental company posted revenue of $2.47 billion in the period, meeting Street forecasts.

For the year, the company reported profit of $1.57 billion, or $15.15 per share. Revenue was reported as $9.6 billion.

Cintas expects full-year earnings in the range of $4.06 to $4.19 per share, with revenue in the range of $10.16 billion to $10.31 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTAS at https://www.zacks.com/ap/CTAS