Stock Track | Cintas Plunges 6.55% in Pre-market Despite Q2 Earnings Beat and Raised Guidance

Stock Track

Dec 19, 2024

Shares of Cintas Corporation (NASDAQ:CTAS) plunged 6.55% in the pre-market session on Thursday, December 19th, despite the company reporting better-than-expected second-quarter earnings results and raising its full-year guidance.

For the fiscal second quarter, Cintas reported earnings per share of $1.09, surpassing analysts' estimates of $1.01. Revenue of $2.56 billion was in line with expectations and increased 7.8% year-over-year. The company's gross margin expanded to 49.8% from 48.0% in the prior-year quarter, driven by lower energy expenses.

Looking ahead, Cintas raised its fiscal 2025 revenue guidance range to $10.255 billion - $10.32 billion from the previous range of $10.22 billion - $10.32 billion. The company also lifted its fiscal 2025 EPS guidance to a range of $4.28 - $4.34, up from the previous range of $4.17 - $4.25. President and CEO Todd M. Schneider highlighted the company's "strong results" and "robust year-over-year revenue and earnings growth, excellent margin expansion and strong cash generation."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1105929988"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1105929988\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1105929988?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-19 22:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105929988","market":"us","top_or_hot":-1,"title":"Stock Track | Cintas Plunges 6.55% in Pre-market Despite Q2 Earnings Beat and Raised Guidance","media":"Stock Track","content":"<p>Shares of Cintas Corporation (NASDAQ:CTAS) plunged 6.55% in the pre-market session on Thursday, December 19th, despite the company reporting better-than-expected second-quarter earnings results and raising its full-year guidance.</p>\n\n<p>For the fiscal second quarter, Cintas reported earnings per share of $1.09, surpassing analysts' estimates of $1.01. Revenue of $2.56 billion was in line with expectations and increased 7.8% year-over-year. The company's gross margin expanded to 49.8% from 48.0% in the prior-year quarter, driven by lower energy expenses.</p>\n\n<p>Looking ahead, Cintas raised its fiscal 2025 revenue guidance range to $10.255 billion - $10.32 billion from the previous range of $10.22 billion - $10.32 billion. The company also lifted its fiscal 2025 EPS guidance to a range of $4.28 - $4.34, up from the previous range of $4.17 - $4.25. President and CEO Todd M. Schneider highlighted the company's \"strong results\" and \"robust year-over-year revenue and earnings growth, excellent margin expansion and strong cash generation.\"</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Cintas Plunges 6.55% in Pre-market Despite Q2 Earnings Beat and Raised Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Cintas Plunges 6.55% in Pre-market Despite Q2 Earnings Beat and Raised Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2024-12-19 22:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Shares of Cintas Corporation (NASDAQ:CTAS) plunged 6.55% in the pre-market session on Thursday, December 19th, despite the company reporting better-than-expected second-quarter earnings results and raising its full-year guidance.</p>\n\n<p>For the fiscal second quarter, Cintas reported earnings per share of $1.09, surpassing analysts' estimates of $1.01. Revenue of $2.56 billion was in line with expectations and increased 7.8% year-over-year. The company's gross margin expanded to 49.8% from 48.0% in the prior-year quarter, driven by lower energy expenses.</p>\n\n<p>Looking ahead, Cintas raised its fiscal 2025 revenue guidance range to $10.255 billion - $10.32 billion from the previous range of $10.22 billion - $10.32 billion. The company also lifted its fiscal 2025 EPS guidance to a range of $4.28 - $4.34, up from the previous range of $4.17 - $4.25. President and CEO Todd M. Schneider highlighted the company's \"strong results\" and \"robust year-over-year revenue and earnings growth, excellent margin expansion and strong cash generation.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CTAS","symbol_name":"信达思","start_time":0,"source_url":"","article_id":"1105929988","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105929988","pubTimestamp":1734618023,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Cintas Corporation  plunged 6.55% in the pre-market session on Thursday, December 19th, despite the company reporting better-than-expected second-quarter earnings results and raising its full-year guidance.For the fiscal second quarter, Cintas reported earnings per share of $1.09, surpassing analysts' estimates of $1.01. Revenue of $2.56 billion was in line with expectations and increased 7.8% year-over-year. The company's gross margin expanded to 49.8% from 48.0% in the prior-year qua","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CTAS":"信达思"},"translate_title":"尽管第二季度盈利超出预期并上调指引，但Cintas股价盘前仍暴跌6.55%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CTAS":1},"content_text":"Shares of Cintas Corporation (NASDAQ:CTAS) plunged 6.55% in the pre-market session on Thursday, December 19th, despite the company reporting better-than-expected second-quarter earnings results and raising its full-year guidance.\nFor the fiscal second quarter, Cintas reported earnings per share of $1.09, surpassing analysts' estimates of $1.01. Revenue of $2.56 billion was in line with expectations and increased 7.8% year-over-year. The company's gross margin expanded to 49.8% from 48.0% in the prior-year quarter, driven by lower energy expenses.\nLooking ahead, Cintas raised its fiscal 2025 revenue guidance range to $10.255 billion - $10.32 billion from the previous range of $10.22 billion - $10.32 billion. The company also lifted its fiscal 2025 EPS guidance to a range of $4.28 - $4.34, up from the previous range of $4.17 - $4.25. President and CEO Todd M. Schneider highlighted the company's \"strong results\" and \"robust year-over-year revenue and earnings growth, excellent margin expansion and strong cash generation.\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}