Cintas Corporation reported better-than-expected fiscal 2027 first-quarter results, with revenue rising 10.9% year over year to $3.014 billion and adjusted earnings reaching $1.39 per share. Revenue exceeded the $2.984 billion analyst estimate, while earnings topped the $1.35 estimate. Organic revenue growth was 8.9%, excluding acquisitions, foreign-currency fluctuations and workday differences. The company said growth was driven primarily by volume, with new business, customer retention and cross-selling improving while pricing remained consistent with prior years. Cintas raised its fiscal 2027 adjusted earnings outlook to $5.45-$5.54 per share from $5.36-$5.50 and its revenue forecast to $12.15 billion-$12.27 billion from $12.10 billion-$12.25 billion. It also increased its quarterly dividend by 15.6%. Following the results, investment firm Robert W. Baird raised its price target for Cintas to $222.