16:15 PMCintas (CTAS): FQ2 EPS of $0.39 misses by $0.04. Revenue of $885M (-1%) vs. $890M. "Given our businesses’ correlation to employment levels, it is unlikely that we will return to steady growth until the U.S. job market begins to recover ... We believe that current analyst expectations for Cintas' revenue and earnings are too optimistic." Shares -8.5% AH. (PR)
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16:29 PMCintas (CTAS): FQ3 EPS of $0.47 misses by $0.01. Revenue of $909M (-6.9%) vs. $959M. "Our customers are reducing head count and closing facilities, which has negatively impacted our revenue. We have not seen such a sudden and dramatic change in our business since we started our company in 1968." Shares +0.3% AH. (PR)
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07:10 AMCintas (CTAS): FQ2 EPS of $0.47 misses by $0.07. Revenue of $985M (+0.1%) vs. $1.02B. Removes guidance for remainder of year amid volatile market conditions. (PR)
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