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Stock impact report

Cintas stock jumps 4% on earnings beat, increased guidance [MarketWatch]

Cintas Corporation (CTAS) 
Last cintas corporation earnings: 3/19 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cintas.com/investors
Company Research Source: MarketWatch
Cintas stock jumps 4% on earnings beat, increased guidance Shares of Cintas Corp. CTAS, +0.35% rose nearly 4% late Thursday after the uniform-rental company reported fiscal 2018 second-quarter earnings and sales above Wall Street expectations and raised its guidance for the full fiscal year. Cintas said it earned $137 million, or $1.23 a share, in the quarter, compared with $140 million, or $1.29 a share, in the year-ago period. Revenue rose 26% to $1.61 billion, compared with $1.27 billion a year ago. Analysts polled by FactSet had expected earnings of $1.21 a share on sales of $1.59 billion. Cintas also raised its revenue guidance from a range of $6.325 billion to $6.400 billion to a range of $6.365 billion to $6.430 billion, and EPS from continuing operations from a range of $5.30 to $5.38 to a range of $5.39 to $5.46, the company said. Cintas shares ended the regular trading day up 0.4%. Show less Read more
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