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Cintas Corp. (CTAS) Is Climbing After Guidance Increase

Cintas Corp. (CTAS) reported second quarter adjusted EPS of $1.76 after the bell Thursday, up from $1.31 in the prior year period.

The company also increased its full year 2019 revenue guidance from between $6.80 billion and $6.855 billion to between $6.87 billion and $6.91 billion and EPS from continuing operations from between $7.19 to $7.29 to between $7.30 and $7.38.

Cintas declined until around midday Thursday and finished with a loss of 6.03 at $159.04. The stock sank to over a 10-month low. Cintas is now up 6.36 on 21K shares after the bell.

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