Cintas: Fiscal Q1 Earnings Snapshot

Cintas: Fiscal Q1 Earnings Snapshot

Cintas: Fiscal Q1 Earnings Snapshot

CINCINNATI (AP) — CINCINNATI (AP) — Cintas Corp. (CTAS) on Wednesday reported fiscal first-quarter profit of $491.1 million.

On a per-share basis, the Cincinnati-based company said it had profit of $1.20.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.

The uniform rental company posted revenue of $2.72 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $2.69 billion.

Cintas expects full-year earnings to be $4.74 to $4.86 per share, with revenue in the range of $11.06 billion to $11.18 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

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