Categories Earnings, Industrials

Cintas (NASDAQ: CTAS): Q2 2020 Earnings Snapshot

— Cintas (NASDAQ: CTAS) reported its second-quarter 2020 adjusted earnings of $2.27 per share versus $2.03 per share expected.

— Revenue rose by 7.3% to $1.84 billion versus $1.82 billion expected. The organic revenue growth rate, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.3%.

Cintas (CTAS) Q2 2020 Earnings Snapshot

— The Uniform Rental and Facility Services segment registered a 5.8% organic sales growth, while First Aid and Safety Services recorded a 10.6% gain.

— Gross margin grew to 46.2% from 45.1% in the previous year quarter.

— Uniform Rental and Facility Services segment gross margin improved 130 basis points, while the First Aid and Safety Services’ gross margin gained 40 basis points.

— Looking ahead into the full year 2020, the company lifted its revenue outlook to the range of $7.29-7.33 billion from the previous range of $7.28-7.32 billion. The consensus estimates revenue of $7.31 billion.

— The earnings from continuing operations guidance are raised to the range of $8.65-8.75 per share from the prior range of $8.47-8.57 per share for the full year. The analysts expect EPS of $8.61 per share.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top