Investing.com - Cintas (NASDAQ:CTAS) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cintas announced earnings per share of $2.37 on revenue of $1.77B. Analysts polled by Investing.com anticipated EPS of $2.19 on revenue of $1.75B.
Cintas shares are down 1% from the beginning of the year and are trading at $341.50 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 2.05% from the start of the year.
Cintas shares lost 1.85% in pre-market trade following the report.
Cintas follows other major Services sector earnings this month
Cintas's report follows an earnings missed by Walmart on Thursday, February 18, 2021, who reported EPS of $1.39 on revenue of $152.08B, compared to forecasts EPS of $1.51 on revenue of $148.49B.
Home Depot had beat expectations on Tuesday, February 23, 2021 with fourth quarter EPS of $2.65 on revenue of $32.26B, compared to forecast for EPS of $2.63 on revenue of $30.63B.
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