Cintas (CTAS) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Cintas reported revenue of $2.5 billion for the quarter ended August 2024, reflecting a year-over-year increase of 6.8% and an EPS of $1.10, up from $0.93 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate by 0.18%, while the EPS surpassed the consensus estimate by 10% [1] Revenue Breakdown - Total Revenue from Uniform Rental and Facility Services was $1.93 billion, slightly below the average estimate of $1.94 billion, marking a year-over-year increase of 5.9% [3] - Total Revenue from Other services reached $567.75 million, exceeding the average estimate of $554.74 million [3] - Revenue from All Other services was $275.18 million, surpassing the estimated $272.30 million, representing an 8% increase year-over-year [3] - Revenue from First Aid and Safety Services was $292.57 million, exceeding the average estimate of $282.59 million, with a year-over-year increase of 12.2% [3] Stock Performance - Cintas shares have returned 2.5% over the past month, outperforming the Zacks S&P 500 composite, which saw a 2% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [4]