Cintas Corporation (CTAS) announced earnings for its third quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $325.83 million, or $3.14 per share. This compares with $315.45 million, or $2.97 per share, in last year's third quarter.
Excluding items, Cintas Corporation reported adjusted earnings of $3.14 per share for the period.
Analysts on average had expected the company to earn $3.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.7% to $2.19 billion from $1.96 billion last year.
Cintas Corporation earnings at a glance (GAAP) :
-Earnings (Q3): $325.83 Mln. vs. $315.45 Mln. last year.
-EPS (Q3): $3.14 vs. $2.97 last year.
-Analyst Estimate: $3.04
-Revenue (Q3): $2.19 Bln vs. $1.96 Bln last year.
-Guidance:
Full year EPS guidance: $12.70 - $12.90
Full year revenue guidance: $8.74 - $8.80 Bln
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