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 and are trading at $348.73 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 45.31% from the start of the year.
Cintas shares gained 0.75% 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 Thursday, December 10, 2020, 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 Thursday, December 3, 2020 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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