Cintas (CTAS) Scheduled to Post Earnings on Thursday
Cintas (NASDAQ:CTAS) is set to post its quarterly earnings results after the market closes on Thursday, March 22nd. Analysts expect Cintas to post earnings of $1.23 per share for the quarter.
Cintas (NASDAQ:CTAS) last issued its earnings results on Thursday, December 21st. The business services provider reported $1.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.04. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Cintas had a return on equity of 23.23% and a net margin of 9.23%. The business’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.15 EPS. On average, analysts expect Cintas to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.
CTAS stock opened at $172.52 on Wednesday. The firm has a market capitalization of $18,452.38, a P/E ratio of 34.37, a PEG ratio of 2.65 and a beta of 0.88. Cintas has a twelve month low of $119.54 and a twelve month high of $178.34. The company has a current ratio of 1.77, a quick ratio of 1.53 and a debt-to-equity ratio of 0.99.
In other news, insider James Phillip Holloman sold 12,386 shares of Cintas stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $160.92, for a total transaction of $1,993,155.12. Following the sale, the insider now owns 141,328 shares of the company’s stock, valued at approximately $22,742,501.76. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 18.90% of the stock is currently owned by insiders.
Cintas Company Profile
Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection products and services.
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