Cintas announced earnings per share of $2.76 on revenue of $1.92B. Analysts polled by Investing.com anticipated EPS of $2.64 on revenue of $1.9B.
Cintas shares are up 23% from the beginning of the year, still down 5.34% from its 52 week high of $461.44 set on December 13. They are under-performing the S&P 500 which is up 23.78% from the start of the year.
Cintas’s report follows an earnings beat by Deere&Company on November 24, who reported EPS of $4.12 on revenue of $10.28B, compared to forecasts EPS of $3.87 on revenue of $10.46B.
FedEx had beat expectations on December 16 with second quarter EPS of $4.83 on revenue of $23.5B, compared to forecast for EPS of $4.28 on revenue of $22.41B.
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