Why Is Cintas (CTAS) Up 1.7% Since Last Earnings Report?

Core Viewpoint - Cintas has seen a slight increase in share price of approximately 1.7% since the last earnings report, outperforming the S&P 500, but there are concerns about whether this positive trend will continue leading up to the next earnings release [1]. Estimates Movement - Estimates for Cintas have trended downward over the past month, indicating a potential shift in analyst sentiment [2]. VGM Scores - Cintas currently holds a Growth Score of B, but has a low Momentum Score of D and a Value Score of D, placing it in the bottom 40% for the value investment strategy. The aggregate VGM Score for the stock is C, which is relevant for investors not focused on a single strategy [3]. Outlook - The overall trend of downward estimate revisions has resulted in a net zero change. Cintas holds a Zacks Rank of 2 (Buy), suggesting an expectation of above-average returns in the coming months [4]. Industry Performance - Cintas is part of the Zacks Business - Services industry. ABM Industries, a peer in the same industry, reported revenues of $2.11 billion for the last quarter, reflecting a year-over-year increase of 2.2%. The EPS for ABM was $0.87, slightly up from $0.86 a year ago [5]. - ABM Industries is projected to post earnings of $0.88 per share for the current quarter, which represents a year-over-year change of 1.2%. The Zacks Consensus Estimate for ABM has changed by +0.9% over the last 30 days, resulting in a Zacks Rank of 3 (Hold) and a VGM Score of C [6].