Cintas reported fiscal first-quarter revenue of $3.01 billion, up 10.9% from a year earlier and ahead of the Zacks Consensus Estimate of $2.97 billion, while earnings per share came in at $1.39 versus a consensus estimate of $1.35. The revenue surprise was +1.58% and the EPS surprise +2.96%, compared with year-ago EPS of $1.20. Within the quarter, Uniform Rental and Facility Services revenue was $2.29 billion against a four-analyst average estimate of $2.27 billion, First Aid and Safety Services revenue was $388.52 million versus an estimated $378.23 million, and All Other revenue was $330.73 million versus an estimated $321.25 million. Operating income for Uniform Rental and Facility Services was $575.09 million against an estimated $560.82 million, First Aid and Safety Services operating income was $99.54 million versus an estimated $95.35 million, and All Other operating income was $51.67 million compared with an estimated $42.36 million. Cintas shares have returned -2.9% over the past month against a +1.3% change for the Zacks S&P 500 composite, and the stock carries a Zacks Rank #3 (Hold).
Cintas CorporationCintas beat Q1 revenue and EPS estimates, with revenue up 10.9% and EPS of $1.39 topping consensus.
