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Feb 29, 2020
Cintas Q3 2020 Earnings Report
Reported an increase in revenue and EPS, but withdrew full fiscal year guidance due to COVID-19 uncertainty.
Key Takeaways
Cintas Corporation reported a 7.6% increase in revenue and a 17.4% increase in EPS for the third quarter of fiscal year 2020. However, due to the uncertainty caused by the COVID-19 pandemic, the company withdrew its full fiscal year guidance.
Revenue increased by 7.6% compared to the last year's third quarter.
Earnings per diluted share (EPS) increased by 17.4% over last year's third quarter, adjusted for G&K Services, Inc. integration expenses.
Free cash flow increased by 17.2% compared to the last year's third quarter.
The company withdrew its full fiscal year guidance due to the uncertainty caused by the COVID-19 pandemic.
Revenue by Segment
Forward Guidance
Due to the uncertainty, including the severity and duration of the COVID-19 coronavirus pandemic, Cintas is not providing guidance for the fourth quarter of fiscal 2020 at this time and withdrawing full fiscal year guidance.
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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