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Cintas Earnings, Revenue Beat in Q2

Stock MarketsDec 22, 2021 08:34AM ET

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Investing.com - Cintas (NASDAQ:CTAS) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Cintas announced earnings per share of $2.76 on revenue of $1.92B. Analysts polled by Investing.com anticipated EPS of $2.64 on revenue of $1.9B.

Cintas shares are up 23% from the beginning of the year, still down 5.34% from its 52 week high of $461.44 set on December 13. They are under-performing the S&P 500 which is up 23.78% from the start of the year.

Cintas follows other major Industrials sector earnings this month

Cintas's report follows an earnings beat by Deere&Company on November 24, who reported EPS of $4.12 on revenue of $10.28B, compared to forecasts EPS of $3.87 on revenue of $10.46B.

FedEx had beat expectations on December 16 with second quarter EPS of $4.83 on revenue of $23.5B, compared to forecast for EPS of $4.28 on revenue of $22.41B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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