Cintas Raises Full-Year Outlook After Q1 Profit and Sales Beat
CTAS sits 22% above its 52-week low of $161.16.
Summary
Cintas reported fiscal Q1 2027 adjusted EPS of $1.39, beating the $1.35 consensus, on revenue of $3.01 billion, up 11% and ahead of the $2.98 billion expected. The company raised its full-year adjusted EPS guidance to $5.45-$5.54 from $5.36-$5.50 and revenue guidance to $12.15B-$12.27B from $12.10B-$12.25B. This follows the July 20 preliminary Q1 report and the July 15 FY27 guidance, but today's numbers are final and include a guidance raise. The UniFirst acquisition remains on track to close by year-end, pending FTC review. The beat and raise are modest but confirm strong execution and pricing power in the uniform rental business.
At the time of this announcement, CTAS was trading at $196.82 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $79.7B. The 52-week trading range was $161.16 to $219.17. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.