Cintas up after uniform rental firm raises annual profit forecast

Cintas

26/03/2025 14:41

Updates

** Shares of uniform rental firm Cintas Corp CTAS.O up as much as 9.9% at $212.70 - highest since December 2024

** Co raises fiscal 2025 profit forecast, now expects it to be between $4.36 and $4.40 per share vs prior range of $4.28 to $4.34 per share

** Co's third-quarter revenue rose 8.4% to $2.61 billion from a year ago; analysts' estimated 7.9% rise to $2.60 billion, as per data compiled by LSEG

** Logs quarterly profit of $1.13 per share vs estimates of $1.06 per share

** Including session moves, stock up nearly 15% YTD

 (Reporting by Anuja Bharat Mistry in Bengaluru)

 ((AnujaBharat.Mistry@thomsonreuters.com))