Cintas Corporation’s Q4 Earnings Preview
<p>RBC Capital released their outlook on <a href='https://financialmodelingprep.com/financial-summary/CTAS'> Cintas Corporation (NASDAQ:CTAS) </a> ahead of the upcoming Q4 earnings, expecting a modest beat and conservative full 2023-year guidance. </p>
<p>The analysts believe top-line momentum should sustain given cross-selling opportunities, pricing, share gains, improved retention, and large vertical opportunities such as healthcare, education, and government. </p>
<p>For 2023 outlook, the analysts estimate revenue in the range of $8.25-8.35 billion and EPS in the range of $12.00-$12.40, compared to the Street estimates of $8.34 billion and $12.35, respectively.</p> <p>The analysts expect the company to set the bar low given the elevated level of macroeconomic uncertainty. </p>
NASDAQ:CTAS