Cintas rises after lifting full-year outlook; FQ3 meets estimates
Investing.com -- Cintas shares climbed about 2% in premarket trading on Wednesday after the company lifted its full-year outlook.
For the third quarter of fiscal 2026, diluted earnings per share were $1.24, matching analyst estimates. Revenue totaled $2.84 billion, also roughly in line with expectations and up from $2.61 billion a year earlier, marking an 8.9% increase. Organic revenue, which excludes the impact of acquisitions and foreign exchange, grew 8.2% in the quarter.
“We delivered another successful quarter with record revenues and strong operating margins," Todd Schneider, Cintas’ President and CEO, said. "As we enter into the final quarter of fiscal 2026, we are raising our full fiscal year financial guidance."
The company now expects revenue in the range of $11.21 billion to $11.24 billion, up from the prior outlook of $11.15 billion to $11.22 billion. Adjusted diluted EPS is now projected between $4.86 and $4.90, compared with the previous range of $4.81 to $4.88.
The updated EPS guidance excludes the impact of non-recurring transaction expenses related to the UniFirst acquisition, the company said.
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