Cintas: Fiscal Q4 Earnings Snapshot
CINCINNATI (AP) — CINCINNATI (AP) — Cintas Corp. (CTAS) on Thursday reported fiscal fourth-quarter profit of $448.3 million.
On a per-share basis, the Cincinnati-based company said it had profit of $1.09.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The uniform rental company posted revenue of $2.67 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $2.63 billion.
For the year, the company reported profit of $1.81 billion, or $4.40 per share. Revenue was reported as $10.34 billion.
Cintas expects full-year earnings to be $4.71 to $4.85 per share, with revenue in the range of $11 billion to $11.15 billion.
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
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