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 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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