Cintas up after uniform rental firm raises annual profit forecast

ReutersMar 26, 2025 2:41 PM

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

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