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Cintas Corporation (CTAS) released a profit for its first quarter that increased from last year.


RTTNews | Sep 29, 2021 08:44AM EDT

08:44 Wednesday, September 29, 2021 (RTTNews.com) - Cintas Corporation (CTAS) released a profit for its first quarter that increased from last year.

The company's profit came in at $331.18 million, or $3.11 per share. This compares with $300.01 million, or $2.78 per share, in last year's first quarter.

Analysts had expected the company to earn $2.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.6% to $1.90 billion from $1.75 billion last year.

Cintas Corporation earnings at a glance:

-Earnings (Q1): $331.18 Mln. vs. $300.01 Mln. last year.-EPS (Q1): $3.11 vs. $2.78 last year.-Analysts Estimate: $2.75-Revenue (Q1): $1.90 Bln vs. $1.75 Bln last year.

-Guidance:Full year EPS guidance: $10.60 to $10.90Full year revenue guidance: $7.58 - $7.67 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3229098/cintas-corporation-q1-profit-rises-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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