Cintas (NASDAQ:CTAS) released its Q2 earnings on Thursday, December 19, 2024 at 08:30 AM.
Here's what's important from the earnings announcement.
Earnings
Cintas beat estimated earnings by 7.000000000000001%, reporting an EPS of $1.09 versus an estimate of $1.02.
Revenue was up $185.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 0.0% increase in the share price the next day.
Here's a look at Cintas's past performance:
| Quarter | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| EPS Estimate | 0.95 | 0.95 | 0.90 | 0.87 |
| EPS Actual | 1.10 | 1 | 0.96 | 0.90 |
| Revenue Estimate | 2.50B | 2.47B | 2.39B | 2.34B |
| Revenue Actual | 2.50B | 2.47B | 2.41B | 2.38B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Cintas management provided guidance for FY 2025, expecting earnings between $4.28 and $4.34 per share.
To track all earnings releases for Cintas visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
