Cintas Corporation Announces Fiscal 2016 Second Quarter Results

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Low Fuel Costs Helped Cintas Corp. (CTAS) to a 2Q Beat; Piper Jaffray Raised Price target to $95

December 22, 2015 8:16 AM EST

Piper Jaffray reiterated a Neutral rating on Cintas (NASDAQ: CTAS), and raised the price target to $95.00 (from $88.00), following the company's 2Q16 earnings report. F2Q results came in modestly ahead of expectations driven by lower fuel costs and upside in first aid and... More

UPDATE: Cintas Corp. (CTAS) Tops Q2 EPS by 3c; Updates FY16 Outlook

December 21, 2015 4:15 PM EST

(Updated - December 21, 2015 4:19 PM EST)

Cintas Corp. (NASDAQ: CTAS) reported Q2 EPS of $1.03, $0.03 better than the analyst estimate of $1.00. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.21 billion.

Guidance:

The company now... More