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Nov 30, 2020
Cintas Q2 2021 Earnings Report
Reported revenue of $1.76 billion and EPS of $2.62.
Key Takeaways
Cintas Corporation reported its fiscal 2021 second quarter results, with revenue reaching $1.76 billion and earnings per diluted share from continuing operations (EPS) at $2.62, a 15.4% increase from the previous year. The company's performance reflects its commitment to delivering shareholder value amidst the ongoing COVID-19 pandemic.
Revenue for the second quarter of fiscal 2021 was $1.76 billion, a decrease compared to $1.84 billion in the second quarter of fiscal 2020.
Earnings per diluted share (EPS) increased by 15.4% to $2.62 compared to $2.27 in the prior year.
Organic revenue declined by 4.4% year-over-year, with Uniform Rental and Facility Services decreasing by 3.6% and First Aid and Safety Services increasing by 14.5%.
Operating income increased by 5.5% to $352.9 million, representing 20.1% of revenue, up from 18.1% in the previous year.
Revenue by Segment
Forward Guidance
Cintas is not providing third quarter guidance due to increasing uncertainty regarding the next 90 days.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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