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What Analyst Projections for Key Metrics Reveal About Cintas (CTAS) Q2 Earnings
CintasCintas(US:CTAS) ZACKS·2024-12-16 15:16

Core Insights - Analysts project Cintas (CTAS) will announce quarterly earnings of $1.01 per share, reflecting a 12.2% year-over-year increase [1] - Revenue is expected to reach $2.56 billion, marking a 7.7% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Revenue Estimates - Total Revenue from Uniform Rental and Facility Services is estimated at $1.98 billion, suggesting a year-over-year change of +7.1% [4] - Revenue from All Other segments is projected to reach $280.89 million, indicating a year-over-year change of +7.9% [4] - Revenue from First Aid and Safety Services is expected to be $296.71 million, reflecting an 11.4% year-over-year increase [4] Income Estimates - Income before income taxes from Uniform Rental and Facility Services is likely to reach $438.55 million, up from $399.61 million in the same quarter last year [5] - Income before income taxes from First Aid and Safety Services is projected at $68.50 million, compared to $58.53 million a year ago [5] - Income before income taxes from All Other segments is estimated at $46.55 million, up from $41.54 million in the previous year [6] Market Performance - Cintas shares have experienced a -1.9% change in the past month, contrasting with a +1.2% move of the Zacks S&P 500 composite [7] - Cintas holds a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near future [7]