19.12.2013 22:48:38
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Cintas Q2 Profit Tops View - Quick Facts
(RTTNews) - Cintas Corp. (CTAS) Thursday reported second-quarter net income of $84.9 million, or $0.70 per share, compared to $78.0 million, or $0.63 per share in the comparable quarter last year.
On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.68 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased 7.9 percent to $1.14 billion from $1.06 billion last year, while fourteen analysts expected revenues of $1.13 billion. Organic growth for the quarter was 7.1 percent.
Looking ahead to the fiscal-year 2014, the company now expects earnings to be in the range of $2.73 to $2.79 per share. Previously, the company expected earnings of $2.70 to $2.79 per share. Analysts now expect the company to report full-year earnings of $2.75 per share.
For fiscal-year 2014, the company continues to expect revenues of $4.5 billion to $4.6 billion. Analysts currently expect revenues of $4.57 billion.
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