Investing.com - Cintas (NASDAQ:CTAS) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cintas announced earnings per share of $3.39 on revenue of $2.17B. Analysts polled by Investing.com anticipated EPS of $3.11 on revenue of $2.08B.
Cintas shares are down 13% from the beginning of the year, still down 16.88% from its 52 week high of $461.44 set on December 13, 2021.
Cintas follows other major Industrials sector earnings this month
Cintas's report follows an earnings beat by FedEx on September 22, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $2.8 on revenue of $23.78B.
Copart had beat expectations on September 7 with fourth quarter EPS of $1.13 on revenue of $883.39M, compared to forecast for EPS of $1.1 on revenue of $874.13M.
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