Cintas Corporation Announces Fiscal 2019 Second Quarter Results

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Cintas (CTAS) PT Lowered to $160 at Credit Suisse Following 2Q beat and Raise

December 21, 2018 7:51 AM EST

Credit Suisse analyst Kevin McVeigh lowered the price target on Cintas (NASDAQ: CTAS) to $160.00 (from $205.00) while maintaining a Neutral rating following the company's 2Q earnings report.

CTAS reported revenue and EPS of $1.72b and $1.76 that beat the Street's of $1.69/$1.70 estimates. The company also... More

Cintas Corp. (CTAS) Reports Q2 EPS of $1.76, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus

December 20, 2018 4:18 PM EST

Cintas Corp. (NASDAQ: CTAS) reported Q2 EPS of $1.76, versus $1.31 reported last year. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.7 billion.

Scott D. Farmer, Cintas Chairman and Chief Executive Officer, stated, We are pleased with our second quarter and year-to-date performance. We continue to make significant progress on integrating the G&K acquisition and implementing our... More