Cintas Corp. (CTAS) Tops Q4 EPS by 8c, FY17 EPS Guidance Tops Views
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Cintas Corporation Announces Fiscal 2016 Fourth Quarter and Full Year Results
July 19, 2016 4:15 PM EDTCINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fourth quarter and full fiscal year ended May 31, 2016.
Revenue for the fourth quarter of fiscal year 2016 was $1.27 billion, an increase of 11.3% over the prior year period. Organic growth, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and workday differences, was 6.7%. Operating income for the fourth quarter of fiscal year 2016 of $202.9 million increased 14.2% from the prior year period. Operating income margin improved to 16.0% from 15.6% of revenue in last years fourth quarter.
Net income from continuing... More
