Cintas Boosts FY27 Outlook - Update
(RTTNews) - While reporting financial results for the third quarter on Wednesday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2027.
For fiscal 2027, the company now projects earnings in a range of $5.45 to $5.54 per share on revenues between $12.15 billion and $12.27 billion.
The company noted that the guidance excludes expected impacts from the proposed UniFirst acquisition.
Previously, the company expects earnings in the range of $5.36 to $5.50 per share on revenues between $12.10 billion and $12.25 billion.
In Wednesday's pre-market trading, CTAS is trading on the Nasdaq at $193.00, down $5.80 or 2.92 percent.
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