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Cintas Corp. (CTAS) Pulled Back Sharply After Q3 Miss

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Cintas Corp. (CTAS) reported third quarter EPS of $0.60 after the close Tuesday, up from $0.58 in the previous year. The consensus estimate was for EPS of $0.61. The company now expects to report full year 2013 EPS of $2.50 to $2.54. The consensus estimate is for EPS of $2.55.

Cintas gapped open lower Wednesday and fell in early trade, before settling into a range. The stock finished down by 2.05 at $43.88 on the highest volume in 8 months. Cintas pulled back sharply from the highs of the year and set nearly a 2-week low.

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