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Cintas Earnings, Revenue Beat in Q1 By Investing.com


© 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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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.