Cintas Corporation Reveals 1020% Advance In Q3 Earnings

(RTTNews) - Cintas Corporation (CTAS) reported earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $1115.41 million, or $1.05 per share. This was higher than $99.60 million, or $0.85 per share, in last year's third quarter.

Analysts had expected the company to earn $0.95 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.9% to $1.22 billion. This was up from $1.11 billion last year.

Cintas Corporation earnings at a glance:

-Earnings (Q3): $1115.41 Mln. vs. $99.60 Mln. last year. -Earnings Growth (Y-o-Y): 1019.9% -EPS (Q3): $1.05 vs. $0.85 last year. -EPS Growth (Y-o-Y): 23.5% -Analysts Estimate: $0.95 -Revenue (Q3): $1.22 Bln vs. $1.11 Bln last year. -Revenue Change (Y-o-Y): 9.9%

-Guidance: Next quarter EPS guidance: $3.98 - $4.03 Next quarter revenue guidance: $4.86 - $4.89 Bln