Cintas Falls on Q4 Earnings Results

Cintas

released its fiscal fourth-quarter earnings results after the closing bell on Monday. The company reported net profit of $78.61 million or $0.60 per share, versus $70.78 million or $0.49 per share, in the year ago period. This was in-line with Wall Street analysts' consensus EPS estimates of $0.60. Revenues in the quarter were up 4.1 percent to $1.05 billion from $1.01 billion in the year ago quarter. This also missed analysts' consensus revenue estimates of $1.07 billion. In Monday's after hours trading session, CTAS shares were trading down better than 2% to $38.55.