Cintas Earnings beat, Revenue misses In Q3
Investing.com - Cintas (NASDAQ:CTAS) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.84 on revenue of $1.68B. Analysts polled by Investing.com expected EPS of $1.72 on revenue of $1.69B. That compared to EPS of $1.37 on revenue of $1.59B in the same period a year earlier. The company had reported EPS of $1.76 on revenue of $1.72B in the previous quarter.
Cintas shares lost 2.84% to trade at $202.21 in after-hours trade following the report.
Cintas follows other major Services sector earnings this month
On February 26, Home Depot reported fourth quarter EPS of $2.25 on revenue of $26.49B, compared to forecasts of EPS of $2.16 on revenue of $26.58B.
Pinduoduo earnings missed analyst's expectations on March 13, with first quarter EPS of $-2.16 on revenue of $5.65B. Investing.com analysts expected EPS of $-1.5 on revenue of $5.22B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Related Articles
Asian shares lose steam as investors grapple with U.S. recession risk
Korean Air shareholders vote against re-election of CEO Cho as director
Dollar holds gains as risk appetite recovery arrests yield decline
