We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies. In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Consensus Estimate for earnings has remained steady in the past 60 days. The company has a stellar earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 7.7%.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Let’s see how things have shaped up before Cintas’ fiscal third-quarter earnings release.
Factors to Note Ahead of CTAS’ Results
Strong growth from new customers and penetration of additional products and services into existing customers are expected to have driven the Uniform Rental and Facility Services segment’s performance. We expect segmental revenues to be $2 billion, implying an increase of 6.9% from the year-ago level.
Increasing demand for AED Rentals, eyewash stations and WaterBreak products is likely to have supported the performance of the First Aid and Safety Services segment. We expect this segment’s revenues to be $293.6 million, implying an increase of 11.8% from the year-ago number.
Also, synergistic gains from the acquisitions of Paris Uniform Services (March 2024) and SITEX (February 2024) are expected to have boosted revenues. While the Paris Uniform Services buyout has enhanced Cintas’ presence in Pennsylvania, New York, Maryland and West Virginia, the SITEX acquisition has boosted its market position in the U.S. central Midwest region.
CTAS is anticipated to have put up a healthy margin performance, supported by its focus on operational execution and pricing actions. We expect the operating margin to improve 70 basis points from the prior-year level.
We expect the company’s total revenues to be $2.6 billion for the fiscal third quarter, indicating an increase of 7.6% year over year. Adjusted earnings are expected to be $1.05 per share, indicating an 8.9% increase from the year-ago quarter’s number.
However, the company has been witnessing escalating costs of sales and selling, general and administrative (SG&A) expenses, which are likely to weigh on its bottom-line results. For the quarter under review, we anticipate SG&A expenses to rise 7% from the year-earlier level.
Also, given the company’s exposure to international markets, foreign currency headwinds are likely to have affected its profitability.
Our proven model does not conclusively predict an earnings beat for CTAS this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: CTAS has an Earnings ESP of 0.00% as both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at $1.05 per share. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Tetra Tech, Inc. (TTEK - Free Report) reported earnings of 35 cents per share in the first quarter of fiscal 2025 (ended December 2024), which beat the Zacks Consensus Estimate of 34 cents. This compares with earnings of 28 cents per share a year ago.
Tetra posted revenues of $1.2 billion for the quarter ended December 2024, surpassing the consensus estimate by 8.85%. This compares with year-ago revenues of $1.02 billion. The company topped the consensus estimate for revenues in each of the last four quarters.
Waste Management, Inc. (WM - Free Report) reported earnings of $1.70 per share in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $1.79. This compares with earnings of $1.74 per share a year ago.
WM reported revenues of $5.89 billion for the quarter ended December 2024, surpassing the consensus estimate by 0.18%. This compares with year-ago revenues of $5.22 billion. The company topped the consensus estimate for revenues two times in the last four quarters.
Packaging Corporation of America (PKG - Free Report) reported adjusted earnings per share of $2.47 in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $2.51 by a margin of 2%. The bottom line matched PKG’s guidance and grew 16% year over year.
Sales in the fourth quarter rose 10.7% year over year to $2.15 billion due to higher volumes and price/mix in both segments. The top line beat the consensus estimate of $2.13 billion.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Cintas Gears Up to Report Q3 Earnings: What's in the Offing?
Cintas Corporation (CTAS - Free Report) is scheduled to release third-quarter fiscal 2025 (ended February 2025) results on March 26, before market open.
The Zacks Consensus Estimate for earnings has remained steady in the past 60 days. The company has a stellar earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average beat being 7.7%.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Let’s see how things have shaped up before Cintas’ fiscal third-quarter earnings release.
Factors to Note Ahead of CTAS’ Results
Strong growth from new customers and penetration of additional products and services into existing customers are expected to have driven the Uniform Rental and Facility Services segment’s performance. We expect segmental revenues to be $2 billion, implying an increase of 6.9% from the year-ago level.
Increasing demand for AED Rentals, eyewash stations and WaterBreak products is likely to have supported the performance of the First Aid and Safety Services segment. We expect this segment’s revenues to be $293.6 million, implying an increase of 11.8% from the year-ago number.
Also, synergistic gains from the acquisitions of Paris Uniform Services (March 2024) and SITEX (February 2024) are expected to have boosted revenues. While the Paris Uniform Services buyout has enhanced Cintas’ presence in Pennsylvania, New York, Maryland and West Virginia, the SITEX acquisition has boosted its market position in the U.S. central Midwest region.
CTAS is anticipated to have put up a healthy margin performance, supported by its focus on operational execution and pricing actions. We expect the operating margin to improve 70 basis points from the prior-year level.
We expect the company’s total revenues to be $2.6 billion for the fiscal third quarter, indicating an increase of 7.6% year over year. Adjusted earnings are expected to be $1.05 per share, indicating an 8.9% increase from the year-ago quarter’s number.
However, the company has been witnessing escalating costs of sales and selling, general and administrative (SG&A) expenses, which are likely to weigh on its bottom-line results. For the quarter under review, we anticipate SG&A expenses to rise 7% from the year-earlier level.
Also, given the company’s exposure to international markets, foreign currency headwinds are likely to have affected its profitability.
Cintas Corporation Price and EPS Surprise
Cintas Corporation price-eps-surprise | Cintas Corporation Quote
Earnings Whispers
Our proven model does not conclusively predict an earnings beat for CTAS this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below.
Earnings ESP: CTAS has an Earnings ESP of 0.00% as both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at $1.05 per share. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: CTAS presently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Recent Releases
Tetra Tech, Inc. (TTEK - Free Report) reported earnings of 35 cents per share in the first quarter of fiscal 2025 (ended December 2024), which beat the Zacks Consensus Estimate of 34 cents. This compares with earnings of 28 cents per share a year ago.
Tetra posted revenues of $1.2 billion for the quarter ended December 2024, surpassing the consensus estimate by 8.85%. This compares with year-ago revenues of $1.02 billion. The company topped the consensus estimate for revenues in each of the last four quarters.
Waste Management, Inc. (WM - Free Report) reported earnings of $1.70 per share in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $1.79. This compares with earnings of $1.74 per share a year ago.
WM reported revenues of $5.89 billion for the quarter ended December 2024, surpassing the consensus estimate by 0.18%. This compares with year-ago revenues of $5.22 billion. The company topped the consensus estimate for revenues two times in the last four quarters.
Packaging Corporation of America (PKG - Free Report) reported adjusted earnings per share of $2.47 in the fourth quarter of 2024, which missed the Zacks Consensus Estimate of $2.51 by a margin of 2%. The bottom line matched PKG’s guidance and grew 16% year over year.
Sales in the fourth quarter rose 10.7% year over year to $2.15 billion due to higher volumes and price/mix in both segments. The top line beat the consensus estimate of $2.13 billion.