Cintas: revenues, profits beat forecasts in Q1

Cintas: revenues, profits beat forecasts in Q1

Cintas: revenues, profits beat forecasts in Q1

Cintas released a report on Wednesday with first-quarter results that beat analysts. Revenue was above forecasts.

The company posted earnings per share of $ 2.78 and earnings of $ 1.75B. Analysts polled by Investing.com predicted EPS of $ 2.11 and total earnings of $ 1.69B

Cintas shares rose 5.48% to trade at $ 341.76 in the pre-market, according to the report.

This year, Cintas shares, up 20%, performed better than the overall S&P 500, up 2% YTD.

Cintas follows the general trend of companies in the “Services” sector this month

On August 27, Dollar General reported $ 3.12 in its second quarter, earnings of $ 8.68B, compared with EPS forecasts of $ 2.47 on total earnings of $ 8.36B

Lululemon Athletica's earnings beat analysts' expectations on September 8 in the second quarter, with $ 0.74 quarterly EPS on $ 902.94 total profit Investing.com analysts had previously predicted $ 0.56 EPS on $ 844.48 total earnings $

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