Cintas Corp reports results for the quarter ended November 30 - Earnings Summary

Cintas

19/12/2024 14:32

* Cintas Corp  CTAS.OQ  reported quarterly adjusted earnings
of
$1.09​​ per share for the quarter ended November 30, higher than
the same quarter last year, when the company reported EPS of 90
cents.  The mean expectation of sixteen analysts for the quarter
was for earnings of $1.01 per share. Wall Street expected
results to range from 99 cents to $1.03 per share.
    * Revenue rose 7.8% to $2.56 billion from a year ago;
analysts
expected $2.56 billion. 
    * Cintas Corp's reported EPS for the quarter was $1.09​.
    * The company reported quarterly net income of $448.5
million.
    * Cintas Corp shares had fallen by 0.7% this quarter and
gained 35.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for Cintas Corp is
$214.00 
This summary was machine generated from LSEG data December 19 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2024      1.01           1.09           Beat
 Aug. 31 2024      0.95           1.10           Beat
 May. 31 2024      0.95           1.00           Beat
 Feb. 29 2024      0.89           0.96           Beat