Cintas (CTAS $33.69 +2.83) reported fourth quarter earnings of $0.49
per share, $0.06 better than the Capital IQ Consensus Estimate of $0.43.
Revenues rose 11.3% year/year to $1.01 billion versus the $0.97 billion
consensus.
For the fiscal year 2012, the company expects to see earnings in the range of
$1.97 to $2.05 versus the $1.83 Capital IQ Consensus Estimate; sees fiscal year
2012 revenues of $4.0 billion to $4.1 billion versus the $3.98 billion Capital
IQ Consensus Estimate.
"This guidance assumes a moderately improving economy and employment
environment. It also incorporates our estimated impact of the relatively high
cotton prices experienced in our fiscal 2011 and no significant increases in
energy related costs from our fourth quarter of fiscal 2011 levels... During our
fourth quarter and into July, we purchased 15.8 million shares of our common
stock at a cost of $500 million... Our fourth quarter organic growth rate of
8.0% represents the fifth straight quarter that our organic growth rate
improved. We are pleased by the continued revenue momentum in all of our
businesses."






