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Cintas Corporation (CTAS) revealed a profit for its third quarter that increased from the same period last year.


RTTNews | Mar 17, 2021 08:43AM EDT

08:43 Wednesday, March 17, 2021 (RTTNews.com) - Cintas Corporation (CTAS) revealed a profit for its third quarter that increased from the same period last year.

The company's profit totaled $258.38 million, or $2.37 per share. This compares with $234.52 million, or $2.16 per share, in last year's third quarter.

Analysts had expected the company to earn $2.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.7% to $1.78 billion from $1.81 billion last year.

Cintas Corporation earnings at a glance:

-Earnings (Q3): $258.38 Mln. vs. $234.52 Mln. last year.-EPS (Q3): $2.37 vs. $2.16 last year.-Analysts Estimate: $2.21-Revenue (Q3): $1.78 Bln vs. $1.81 Bln last year.

-Guidance:Next quarter EPS guidance: $2.20 - $2.40Next quarter revenue guidance: $1.80 - $1.83 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3178163/cintas-corporation-reveals-advance-in-q3-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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