Cintas Corporation Announces 11% Increase In Q2 Earnings

(RTTNews) - Cintas Corporation (CTAS) reported a profit for its second quarter that climbed from last year.

The company said its bottom line came in at $113.57 million, or $1.03 per share. This was up from $102.36 million, or $0.86 per share, in last year's second quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.9% to $1.22 billion. This was up from $1.12 billion last year.

Cintas Corporation earnings at a glance:

-Earnings (Q2): $113.57 Mln. vs. $102.36 Mln. last year. -Earnings Growth (Y-o-Y): 11.0% -EPS (Q2): $1.03 vs. $0.86 last year. -EPS Growth (Y-o-Y): 19.8% -Analysts Estimate: $1.00 -Revenue (Q2): $1.22 Bln vs. $1.12 Bln last year. -Revenue Change (Y-o-Y): 8.9%

-Guidance: Full year EPS guidance: $3.83 - $3.90 Full year revenue guidance: $4.825 - $4.880 Bln