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March 19, 2014, 5:03 p.m. EDT

Cintas posts 13% higher profit

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    Cintas Corp. (CTAS)

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By Jim Jelter

CTAS

SAN FRANCISCO (MarketWatch) -- Cintas Corp. /zigman2/quotes/201631915/composite CTAS -1.80% reported late Wednesday its fiscal third-quarter profit rose to $84.6 million, or 69 cents a share, from $74.7 million, or 60 cents a share, a year ago. Revenue for quarter ended Feb. 28 rose to $1.13 billion from $1.08 billion. Analysts polled by FactSet had expected the Cincinnati-based employee uniform and business supplies company to earn 75 cents a share on $1.17 billion in revenue. For the full year, the company said it expects to earn $2.75 to $2.79 a share, in line with the $2.77 a share analysts are looking for. Cintas shares were up 0.4% at $59.80 in after-hours trade.

/zigman2/quotes/201631915/composite
US : U.S.: Nasdaq
$ 397.45
-7.29 -1.80%
Volume: 426,906
Jan. 14, 2022 4:00p
P/E Ratio
37.09
Dividend Yield
0.96%
Market Cap
$41.23 billion
Rev. per Employee
$185,799
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