Cintas tops FQ4 expectation; sees FY2023 revenue above consensus and EPS in-line
Cintas press release  (NASDAQ:CTAS): FQ4  GAAP EPS of $2.81  beats by $0.14.
Revenue of $2.07B (+12.5% Y/Y)  beats by $70M.
Shares -3.8% PM.
The organic revenue growth rate for the quarter was 12.7%.
The organic revenue growth rates for the Uniform Rental and Facility Services and First Aid and Safety Services reportable operating segments were 10.5% and 15.1%.
For FY2023, revenue to be in the range of $8.47B to $8.58B vs. consensus of $8.32B and diluted EPS to be in the range of $11.90 to $12.30 vs. consensus of $12.22.