A Preview Of Cintas's Earnings
Portfolio Pulse from Benzinga Insights
Cintas (NASDAQ:CTAS) is scheduled to release its quarterly earnings report on Thursday, 2023-12-21. Analysts predict an EPS of $3.49. Investors are looking for an earnings beat and positive guidance for the next quarter. In the past, Cintas has had a modest share price increase following an earnings beat. Shares are currently trading at $560.29, with a 23.82% increase over the last 52 weeks.
December 20, 2023 | 2:00 pm
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Cintas is expected to report an EPS of $3.49 for the upcoming earnings, with investors focusing on both the earnings results and the future guidance. Historically, the stock has seen a slight increase following an earnings beat. Shares have risen 23.82% over the past year.
Given the historical performance where Cintas's stock price increased following an earnings beat, a positive report could lead to a similar short-term uptick. The 23.82% annual increase in share price indicates a strong performance that could bolster investor confidence if the earnings report is favorable.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100