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CTAS — Cintas News Story

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Cintas' Q1 revenue, adj EPS beat estimates, outlook raised

Cintas' Q1 revenue, adj EPS beat estimates, outlook raised


Overview

  • Uniform and facility services provider's fiscal Q1 revenue rose 10.9%, beating analyst expectations

  • Adjusted EPS for fiscal Q1 beat consensus, rising 15.8% yr/yr

  • Company raised full-year revenue and adjusted EPS guidance


Outlook

  • Cintas raises fiscal 2027 revenue guidance to $12.15 bln-$12.27 bln from $12.10 bln-$12.25 bln

  • Company lifts fiscal 2027 adjusted diluted EPS outlook to $5.45-$5.54 from $5.36-$5.50


Result Drivers

  • ORGANIC GROWTH - Co said 8.9% organic revenue growth in Q1 was a key driver of results

  • INVESTMENTS IN TECHNOLOGY AND CAPACITY - Co attributed record gross and operating margins to ongoing investments in technology, capacity and talent

  • SEGMENT CONTRIBUTION - Both uniform rental and facility services and 'other' segments posted revenue growth, supporting overall results


Company press release: ID:nBw46Zg0Va


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Beat

$3.01 bln

$2.98 bln (15 Analysts)

Q1 Adjusted EPS

Beat

$1.39

$1.35 (18 Analysts)

Q1 EPS

$1.36

Q1 Net Income

$551.70 mln

Q1 Operating Income

$711.90 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the business support services peer group is "buy"

  • Wall Street's median 12-month price target for Cintas Corporation is $219.50, about 10.4% above its September 22 closing price of $198.80

  • The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 32 three months ago


Reuters Recommended Reads

  • Sept 23 - General Mills Q1 sales, profit beat estimates; reaffirms 2027 outlook

  • Sept 22 - AutoZone Q4 profit beats estimates on store expansion

  • Sept 23 - US restaurant chain Cracker Barrel's Q4 revenue beats estimates


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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