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Cintas: Fiscal Q1 Earnings Snapshot
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CINCINNATI (AP) — CINCINNATI (AP) — Cintas Corp. (CTAS) on Wednesday reported fiscal first-quarter earnings of $551.7 million.

On a per-share basis, the Cincinnati-based company said it had net income of $1.36. Earnings, adjusted for non-recurring costs, were $1.39 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.

The uniform rental company posted revenue of $3.01 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $2.97 billion.

Cintas expects full-year earnings in the range of $5.45 to $5.54 per share, with revenue in the range of $12.15 billion to $12.27 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CTAS at https://www.zacks.com/ap/CTAS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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