Earnings Preview: Cintas Corporation Reports Results On Thursday

| About: Cintas Corporation (CTAS)

Cintas Corporation (NASDAQ:CTAS) is due to report earnings after the closing bell on September 22, 2011.

CTAS trades an average of 1 million shares per day.

Cintas Corporation provides corporate identity uniforms and related business services in North America, Latin America, Europe and Asia. The company was founded in 1968 and is based in Cincinnati, Ohio.

52 Week High: $34.54
52 Week Low: $26.48
Book Value: $16.74
Float Short: 5.88%

On average, 11 analysts are expecting a drop of $-0.02 in earnings per share compared to last quarter's results of $0.49. The reporting quarter's estimated mean earnings are $0.47 per share. Analyst estimates range between $0.44 and $0.51 per share.

The P/E ratio has come down, as the current trailing twelve months (ttm) P/E ratio is 18.7, while the forward P/E ratio is now 15.6. It appears based on the lower PE that investors are pricing in less growth.
In the last month, the stock has increased in price 9.46%, with a one year change of 13.35%.
Comparing to the S&P 500 price changes, the price performances are 3.26% vs. the S&P 500 from a month ago, and year to date difference is 17.52% vs. the S&P 500 price change.

Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $3.81 billion for 2011 vs. $3.55 billion for 2010. The bottom line has rising earnings year-over-year of $246.99 million for 2011 vs. $215.62 million for 2010. The company's earnings before income and taxes are rising with an EBIT year-over-year of $440.34 million for 2011 vs. $390.81 million for 2010.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
May-11 $ 967.49 M $ 1.01 B $ 44.60 M 4.61%
Feb-11 $ 907.56 M $ 937.83 M $ 30.27 M 3.34%
Nov-10 $ 916.13 M $ 936.57 M $ 20.44 M 2.23%
Aug-10 $ 913.43 M $ 923.90 M $ 10.47 M 1.15%
May-10 $ 884.02 M $ 909.45 M $ 25.43 M 2.88%
M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

Reported earnings per share compared to the mean estimate. Differences are rounded.

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