Cintas Corp. (CTAS) Tops Q1 EPS by 67c, Offers Q2 Guidance

(Updated - September 23, 2020 8:37 AM EDT)

Cintas Corp. (NASDAQ: CTAS) reported Q1 EPS of $2.78, $0.67 better than the analyst estimate of $2.11. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.69 billion.

Guidance:

Mr. Farmer concluded, “Visibility to future financial performance remains impaired due to the COVID-19 pandemic. Therefore, we are not providing fiscal year financial guidance at this time. However, we will provide our second quarter financial estimates. We expect our second quarter revenue to be in the range of $1.725 billion to $1.750 billion and diluted EPS to be in the range of $2.00 to $2.20. Despite the short-term uncertainty, I'm confident in our ability to continue to manage the volatility while maintaining focus on our compelling long-term objectives. Our value proposition of getting businesses

(Consensus sees Q2 EPS of $2.06 on revenue of $1.75 billion)

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

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