Investing.com - Cintas (NASDAQ:CTAS) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cintas announced earnings per share of $1.35 on revenue of $1.62B. Analysts polled by Investing.com anticipated EPS of $1.22 on revenue of $1.56B.
Cintas shares are up 7% from the beginning of the year and are trading at $299.00 , down-from-52-week-high.They are under-performing the Nasdaq which is up 19.32% from the start of the year.
Cintas shares gained 3.33% in pre-market trade after the report.
Cintas follows other major Services sector earnings this month
Cintas's report follows an earnings missed by Netflix on Thursday, July 16, 2020, who reported EPS of $1.59 on revenue of $6.15B, compared to forecasts EPS of $1.82 on revenue of $6.08B.
AT&T had beat expectations on Thursday with second quarter EPS of $0.83 on revenue of $40.95B, compared to forecast for EPS of $0.79 on revenue of $41B.
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