Cintas Corp. (CTAS) tops Q3 EPS by 14c, withdrawing full fiscal year guidance

Cintas Corp. (NASDAQ: CTAS) reported Q3 EPS of $2.16, $0.14 better than the analyst estimate of $2.02. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.8 billion.

Guidance:

Mr. Farmer concluded, “A week ago, we were expecting today to raise revenue and EPS guidance based upon our fourth quarter outlook. However, much has changed in the past week as our country and others continue to respond to the COVID-19 coronavirus pandemic. Due to the uncertainty, including the severity and duration of the pandemic, we are not providing guidance for the fourth quarter of fiscal 2020 at this time and withdrawing our full fiscal year guidance. Although our visibility to near-term financial results is currently diminished, we remain focused on the safety and well-being of our employee-partners and the care of our customers.”

For earnings history and earnings-related data on Cintas Corp. (CTAS) click here.

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