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 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