Cintas (CTAS) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - Cintas reported $2.56 billion in revenue for the quarter ended November 2024, marking a year-over-year increase of 7.8% and an EPS of $1.09 compared to $0.90 a year ago, exceeding the Zacks Consensus Estimate [1] - The company achieved a revenue surprise of +0.05% and an EPS surprise of +7.92% compared to analyst expectations [1] Revenue Performance - Total Revenue from Uniform Rental and Facility Services was $1.99 billion, slightly above the average estimate of $1.98 billion, reflecting a year-over-year change of +7.6% [3] - Total Revenue from Other segments was $571.37 million, slightly below the average estimate of $577 million [3] - Revenue from All Other segments was $272.01 million, compared to the estimated $280.89 million, representing a +4.5% change year-over-year [3] - Revenue from First Aid and Safety Services was $299.37 million, exceeding the average estimate of $296.71 million, with a year-over-year change of +12.4% [3] Operating Income - Operating income from Uniform Rental and Facility Services was $472.36 million, surpassing the average estimate of $438.55 million [3] - Operating income from First Aid and Safety Services was $75.22 million, exceeding the estimated $68.50 million [3] - Operating income from All Other segments was $43.81 million, slightly below the average estimate of $46.55 million [3] Stock Performance - Cintas shares have returned -6.6% over the past month, compared to a -0.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]