Cintas Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Earnings Report - Cintas Corp is set to release its second-quarter earnings results on December 18, with expected earnings of $1.19 per share, an increase from $1.09 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $2.77 billion, up from $2.56 billion reported last year [1] Dividend and Buyback - On October 28, Cintas announced a quarterly cash dividend and a new stock buyback authorization of $1.0 billion [2] Stock Performance - Shares of Cintas fell 0.1% to close at $187.37 [3] Analyst Ratings - Morgan Stanley maintained an Equal-Weight rating and reduced the price target from $220 to $210 [6] - Wells Fargo also maintained an Equal-Weight rating, cutting the price target from $218 to $185 [6] - RBC Capital maintained a Sector Perform rating and lowered the price target from $240 to $206 [6] - JP Morgan kept an Overweight rating but reduced the price target from $246 to $230 [6] - Baird maintained a Neutral rating and raised the price target from $227 to $230 [6]