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19.12.2024 14:41:11
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Cintas Corporation Announces Advance In Q2 Income, Beats Estimates
(RTTNews) - Cintas Corporation (CTAS) reported a profit for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $448.50 million, or $1.09 per share. This compares with $374.61 million, or $0.90 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.7% to $2.561 billion from $2.377 billion last year.
Cintas Corporation earnings at a glance (GAAP) :
-Earnings (Q2): $448.50 Mln. vs. $374.61 Mln. last year. -EPS (Q2): $1.09 vs. $0.90 last year. -Revenue (Q2): $2.561 Bln vs. $2.377 Bln last year.
-Guidance: Full year EPS guidance: $4.28 - $4.34 Full year revenue guidance: $10.255 -$10.320 Bln
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