Cintas Reports Q2 Beat, Provides Guidance 
<p><a href='https://financialmodelingprep.com/financial-summary/CTAS'>Cintas Corp. (NASDAQ:CTAS)</a> reported its Q2 results, with EPS of $3.12 coming in better than the Street estimate of $3.03. Revenue was $2.17 billion, beating the Street estimate of $2.13 billion.</p>
<p>The company delivered on high expectations with organic growth of 12.8% (vs. Street estimate of 10%), a gross margin beat of approximately 70 bps, and an operating margin beat of nearly 50 bps vs. Street. </p>
<p>Management raised its fiscal 2023 outlook, now expecting 10.4-11.4% organic growth and an EPS raise that flowed through more than the beat. The company expects fiscal 2023 EPS in the range of $12.50-$12.80, compared to the prior guidance of $12.30-$12.65 and the Street estimate of $12.58. Full-year revenue is expected to be in the range of $8.67-8.75 billion, compared to the prior guidance of $8.58-$8.67 billion and the Street estimate of $8.63 billion.</p>

NASDAQ:CTAS