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Cintas Earnings, Revenue Beat in Q1

imageStock Markets19 minutes ago (Sep 29, 2021 08:35AM ET)

(C) Reuters. Cintas Earnings, Revenue Beat in Q1

Investing.com – Cintas (NASDAQ:CTAS) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Cintas announced earnings per share of $3.11 on revenue of $1.89B. Analysts polled by Investing.com anticipated EPS of $2.75 on revenue of $1.88B.

Cintas shares are up 9% from the beginning of the year, still down 5.79% from its 52 week high of $409.80 set on September 13. They are under-performing the S&P 500 which is up 15.88% from the start of the year.

Cintas follows other major Services sector earnings this month

Cintas’s report follows an earnings beat by Costco on September 23, who reported EPS of $3.9 on revenue of $62.68B, compared to forecasts EPS of $3.58 on revenue of $61.41B.

Lululemon Athletica had beat expectations on September 8 with second quarter EPS of $1.65 on revenue of $1.45B, compared to forecast for EPS of $1.19 on revenue of $1.33B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Cintas Earnings, Revenue Beat in Q1

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