Investing.com - Cintas (NASDAQ:CTAS) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cintas announced earnings per share of $2.62 on revenue of $1.76B. Analysts polled by Investing.com anticipated EPS of $2.17 on revenue of $1.75B.
Cintas shares are up 28% from the beginning of the year, still down 6.11% from its 52 week high of $368.67 set on November 16. They are outperforming the S&P 500 which is up 14.37% from the start of the year.
Cintas shares gained 0.54% in pre-market trade following the report.
Cintas follows other major Services sector earnings this month
Cintas's report follows an earnings beat by Costco on December 10, who reported EPS of $2.29 on revenue of $43.21B, compared to forecasts EPS of $2.05 on revenue of $46.33B.
Dollar General had beat expectations on December 3 with third quarter EPS of $2.31 on revenue of $8.2B, compared to forecast for EPS of $2.02 on revenue of $8.14B.
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