Investing.com - Cintas reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cintas announced earnings per share of $2.69 on revenue of $1.96B. Analysts polled by Investing.com anticipated EPS of $2.44 on revenue of $1.91B.
Cintas shares are down 11% from the beginning of the year and are trading at $400.09 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 10.21% from the start of the year.
Cintas shares gained 1.80% in pre-market trade the report.
Cintas follows other major Industrials sector earnings this month
Cintas's report follows an earnings beat by Deutsche Post AG on March 9, who reported EPS of $1.56 on revenue of $25.82B, compared to forecasts EPS of $1.32 on revenue of $24.52B.
FedEx had missed expectations on March 17 with third quarter EPS of $4.59 on revenue of $23.6B, compared to forecast for EPS of $4.66 on revenue of $23.4B.
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