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Cintas Corporation

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Over the past three months, Cintas shares have outperformed the industry. In second-quarter fiscal 2019, the company’s earnings and revenues surpassed the Zacks Consensus Estimate by 2.3% and 1.4%, respectively. Improved product offerings, solid customer base and effective implementation of enterprise resource planning system will benefit Cintas in the quarters ahead. Further, the company will gain from the G&K Services buyout. For fiscal 2019, Cintas raised earnings estimates from $7.19-$7.29 to $7.30-$7.38 per share. Also, a strong cash position and focus on rewarding shareholders handsomely through dividends and share repurchases will work in its favor. Earnings estimates on the stock imporved for fiscal 2019 in the past 60 days.


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