Cintas (CTAS) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

In its upcoming report, Cintas (CTAS) is predicted by Wall Street analysts to post quarterly earnings of $1.20 per share, reflecting an increase of 10.1% compared to the same period last year. Revenues are forecasted to be $2.76 billion, representing a year-over-year increase of 7.7%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.That said, let's delve into the average estimates of some Cintas metrics that Wall Street analysts commonly model and monitor.The average prediction of analysts places 'Revenue- Uniform Rental and Facility Services' at $2.13 billion. The estimate points to a change of +7.1% from the year-ago quarter.Analysts predict that the 'Revenue- Other' will reach $628.33 million. The estimate points to a change of +10% from the year-ago quarter.Analysts expect 'Revenue- All Other' to come in at $290.09 million. The estimate indicates a year-over-year change of +6.7%.The consensus estimate for 'Revenue- First Aid and Safety Services' stands at $339.30 million. The estimate points to a change of +13.3% from the year-ago quarter.Analysts' assessment points toward 'Operating income- Uniform Rental and Facility Services' reaching $512.05 million. Compared to the current estimate, the company reported $472.36 million in the same quarter of the previous year.The consensus among analysts is that 'Operating income- First Aid and Safety Services' will reach $83.16 million. Compared to the present estimate, the company reported $75.22 million in the same quarter last year.The collective assessment of analysts points to an estimated 'Operating income- All Other' of $42.52 million. Compared to the current estimate, the company reported $43.81 million in the same quarter of the previous year. View all Key Company Metrics for Cintas here>>> Over the past month, Cintas shares have recorded returns of +0.4% versus the Zacks S&P 500 composite's -0.2% change. Based on its Zacks Rank #3 (Hold), CTAS will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cintas Corporation (CTAS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks