Cintas raises full-year revenue and profit outlook after quarterly beat on earnings
Quarterly revenue of $3.01bn fell short of the $3.04bn analysts had expected
Published
Chart: CTAS, one-minute prices, three sessions
Cintas reported first-quarter earnings per share of $1.39, a cent above expectations. Revenue came in at $3.01bn, short of the $3.04bn forecast.
The company raised its guidance for fiscal 2027. It now expects revenue of $12.15bn to $12.27bn, up from a prior range of $12.10bn to $12.25bn. Adjusted diluted earnings per share are now guided at $5.45 to $5.54, up from $5.36 to $5.50.
Cintas paid shareholders an aggregate quarterly dividend of $208.8 million on September 15, 2026, and repurchased $544.7 million of common stock during the quarter and through September 22, 2026.
Chief Executive Todd Schneider said Cintas continues to engage with the Federal Trade Commission on its review of the UniFirst acquisition, which the company still expects to close before the end of calendar 2026. The earnings beat and raised guidance point to steady underlying demand despite the revenue miss, but the outlook assumes integration gains from a deal that has yet to clear regulatory review. Any delay in FTC approval could weigh on the upside built into the new full-year forecast.