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Cintas shares rally on earnings beat, raised outlook

Cintas Corp. CTAS,  shares surged in the extended session Thursday after the uniform and business supply company raised its outlook for the year and reported quarterly results that topped Wall Street estimates. Cintas shares rose 4.4% after hours, following a 3.7% decline to close the regular session at $159.04. The company reported fiscal second-quarter net income of $243 million, or $2.18 a share, compared with $137.1 million, or $1.23 a share, in the year-ago period. Adjusted earnings were $1.76 a share. Revenue rose to $1.72 billion from $1.61 billion in the year-ago quarter. 

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https://www.marketwatch.com/story/cintas...2018-12-20

Cintas (CTAS) Q4 Earnings and Revenues Beat Estimates

Cintas (CTAS) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 6.70%. A quarter ago, it was expected that this uniform rental company would post earnings of $1.71 per share when it actually produced earnings of $1.84, delivering a surprise of 7.60%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Cintas, which belongs to the Zacks Uniform and Related industry, posted revenues of $1.79 billion for the quarter ended May 2019, surpassing the Zacks Consensus Estimate by 0.66%. This compares to year-ago revenues of $1.67 billion.


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https://finance.yahoo.com/news/cintas-ct...09779.html