Cintas Falls on Q4 Earnings Results
Cintas (NASDAQ: CTAS) 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. Cintas also missed analysts' consensus revenue estimates of $1.07 billion.
Cintas shares traded down nearly 3 percent to $38.27 in Monday's after-hours trading session.
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