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Cintas Earnings, Revenue Beat in Q1 By Investing.com

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© Reuters. Cintas Earnings, Revenue Beat in Q1

Investing.com – Cintas (NASDAQ:) reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Cintas reported earnings per share at $3.11 for $1.89B in revenue. Investing.com polled analysts to predict EPS of $2.75 based on $1.88B in revenue.

Cintas shares have risen 9% since the start of the year but are still below its 52-week high of $409.80 on September 13. They are under-performing the S&P 500 which is up 15.88% from the start of the year.

Cintas follows other major Services sector earnings this month

Cintas’s report follows an earnings beat by Costco on September 23, who reported EPS of $3.9 on revenue of $62.68B, compared to forecasts EPS of $3.58 on revenue of $61.41B.

Lululemon Athletica’s second quarter earnings beat the expectations by $1.65 on revenue $1.45B. This compares to $1.19 forecast on revenue $1.33B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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