Cintas Earnings, Revenue Beat in Q3

Investing.com – Cintas (NASDAQ:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Cintas announced earnings per share of $2.16 on revenue of $1.81B. Analysts polled by Investing.com anticipated EPS of $2.03 on revenue of $1.8B. That with comparison to EPS of $1.84 on revenue of $1.68B in the same period a year before. Cintas had reported EPS of $2.27 on revenue of $1.84B in the previous quarter. Analysts are expecting EPS of $2.17 and revenue of $1.87B in the upcoming quarter.

Cintas shares are down 32.21% from the beginning of the year , still down 40.15% from its 52 week high of $304.81 set on February 19. They are under-performing the Nasdaq which is down 20.9% year to date.

Cintas shares gained 0.32% in after-hours trade following the report.

Cintas follows other major Services sector earnings this month

Cintas’s report follows an earnings beat by Home Depot on February 25, who reported EPS of $2.28 on revenue of $25.78B, compared to forecasts EPS of $2.11 on revenue of $25.76B.

Pinduoduo had beat expectations on March 11 with first quarter EPS of $-1.52 on revenue of $10.79B, compared to forecast for EPS of $-1.88 on revenue of $11.04B.

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

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