Cintas Corporation (CTAS)
Sector • Consumer Discretionary Industry • Apparel, Footwear & Accessories |
Industry • Apparel, Footwear & Accessories |
Sector • Consumer Discretionary |
Revenues Increased widely at the company in the second quarter of 2023 earnings season
Cintas Corporation announced second quarter of 2023 operating surplus of $444.934 millions
Published Mar 23 2023
CSIMarket Team / CSIMarket.com
In the second quarter of 2023 earnings season Cintas Corporation had Revenues of $2.17 billions and earnings per share of $3.12. Revenues were up by 14.65 % year on year and income grew slight by 0.32 %.
From the previous financial reporting period, EPS decreased by -7.96 % from $3.39 per share and Revenues increased by 0.388 % from $2.17 billions.
Earnings of $324.293 millions in the most recent fiscal period fell by -2.08 % from $331.179 millions in the corresponding period a year before. Cintas Corporation shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 14.91%.
Operating earnings, however, rose 12.9% to $444.934 millions.
Cintas Corporation is expected to report next financial results on April 06, 2023.
From the previous financial reporting period, EPS decreased by -7.96 % from $3.39 per share and Revenues increased by 0.388 % from $2.17 billions.
Earnings of $324.293 millions in the most recent fiscal period fell by -2.08 % from $331.179 millions in the corresponding period a year before. Cintas Corporation shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 14.91%.
Operating earnings, however, rose 12.9% to $444.934 millions.
Cintas Corporation is expected to report next financial results on April 06, 2023.