21.12.2023 14:37:16 - dpa-AFX: Cintas Corporation Q2 Income Climbs, Beats estimates
MASON (dpa-AFX) - Cintas Corporation (CTAS) released a profit for its second
quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $374.61 million, or $3.61 per share. This
compares with $324.29 million, or $3.12 per share, in last year's second
quarter.
Analysts on average had expected the company to earn $3.49 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 9.7% to $2.38 billion from $2.17
billion last year.
Cintas Corporation earnings at a glance (GAAP) :
-Earnings (Q2): $374.61 Mln. vs. $324.29 Mln. last year.
-EPS (Q2): $3.61 vs. $3.12 last year.
-Analyst Estimate: $3.49
-Revenue (Q2): $2.38 Bln vs. $2.17 Bln last year.
-Guidance:
Full year EPS guidance: $14.35 - $14.65
Full year revenue guidance: $9.48 - $9.56 Bln
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