Core Viewpoint - Cintas (CTAS) is expected to report quarterly earnings of $1 per share, a 7.5% increase year-over-year, with revenues projected at $2.5 billion, reflecting a 6.6% increase compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating that analysts have not revised their initial projections [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts predict 'Total Revenue- Uniform Rental and Facility Services' will reach $1.94 billion, a 6.3% increase from the prior-year quarter [5]. - The 'Revenue- All Other' is estimated at $272.30 million, indicating a 6.9% year-over-year change [5]. - 'Revenue- First Aid and Safety Services' is forecasted to be $282.59 million, suggesting an 8.4% increase year-over-year [5]. Income Before Taxes - The consensus for 'Income before income taxes- Uniform Rental and Facility Services' is $439.30 million, up from $406.53 million in the same quarter last year [6]. - Analysts estimate 'Income before income taxes- First Aid and Safety Services' at $65.28 million, compared to $59.58 million from the previous year [6]. - The estimate for 'Income before income taxes- All Other' is $38.45 million, an increase from $34.45 million year-over-year [7]. Stock Performance - Cintas shares have returned +3.9% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [7].
Gear Up for Cintas (CTAS) Q1 Earnings: Wall Street Estimates for Key Metrics