Cintas: Fiscal Q3 Earnings Snapshot
By AP nullCINCINNATI (AP) — CINCINNATI (AP) — Cintas Corp. (CTAS) on Wednesday reported fiscal third-quarter earnings of $502.5 million.
On a per-share basis, the Cincinnati-based company said it had net income of $1.24.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The uniform rental company posted revenue of $2.84 billion in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $2.82 billion.
Cintas expects full-year earnings in the range of $4.86 to $4.90 per share, with revenue in the range of $11.21 billion to $11.24 billion.
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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/CTAS