Cintas Corporation Announces Fiscal 2023 First Quarter Results
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UPDATE: Cintas (CTAS) PT Raised to $435 at Stifel; 'Operating Momentum Continues Despite Macro'
September 28, 2022 2:42 PM EDT(Updated - September 28, 2022 2:42 PM EDT)
Stifel analyst Shlomo Rosenbaum raised the price target on Cintas (NASDAQ: CTAS) to $435.00 (from $415.00) while maintaining a Hold rating following earnings.
The analyst commented, "CTAS continues to perform well despite the choppy macro environment. Key... More
RBC Capital Remains Positive on Cintas (CTAS): 'We believe Other's gross margin benefited from a positive mix shift'
September 28, 2022 10:05 AM EDTRBC Capital analyst Ashish Sabadra reiterated an Outperform rating and $450.00 price target on Cintas (NASDAQ: CTAS).
The analyst ocmments "Operating margins of 20.3% also came in above our/consensus estimates of 19.8%/20.1% but declined ~50bps y/y due to higher energy prices (gasoline, natural... More
Cintas Corp. (CTAS) Tops Q1 EPS by 28c, Raises Guidance
September 28, 2022 8:32 AM EDTCintas Corp. (NASDAQ: CTAS) reported Q1 EPS of $3.39, $0.28 better than the analyst estimate of $3.11. Revenue for the quarter came in at $2.17 billion versus the consensus estimate of $2.08 billion.
GUIDANCE:
Cintas Corp. sees FY2023 EPS of $12.30-$12.65, versus the consensus of... More
