Cintas Analysts Slash Their Forecasts Following Q1 Results

Cintas Corporation (NASDAQ: CTAS) posted stronger-than-expected first-quarter sales and expanding margins on Wednesday.The firm reported first-quarter earnings per share of $1.20, in line with the analyst consensus estimate. Quarterly sales of $2.718 billion (+8.7% year over year), beating the Street view of $2.698 billion. Revenue growth in the quarter was positively impacted by 0.9% due to acquisitions."Our ability to generate robust cash flow has enabled us to pursue balanced capital allocation – investi ...