Cintas Earnings, Revenue Beat in Q1 By Investing.com


© Reuters. Cintas Earnings, Revenue Beat in Q1

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

Cintas announced earnings per share of $3.39 on revenue of $2.17B. Analysts polled by Investing.com anticipated EPS of $3.11 on revenue of $2.08B.

Cintas shares are down 13% from the beginning of the year, still down 16.88% from its 52 week high of $461.44 set on December 13, 2021.

Cintas follows other major Industrials sector earnings this month

Cintas’s report follows an earnings beat by FedEx on September 22, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $2.8 on revenue of $23.78B.

Copart had beat expectations on September 7 with fourth quarter EPS of $1.13 on revenue of $883.39M, compared to forecast for EPS of $1.1 on revenue of $874.13M.

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

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