Top Wall Street Forecasters Revamp Cintas Price Expectations Ahead Of Q3 Earnings

Cintas Corporation (NASDAQ:CTAS) will release its third-quarter financial results before the opening bell on Wednesday, March 26.

Analysts expect the Cincinnati, Ohio-based company to report quarterly earnings at $1.06 per share, up from 96 cents per share in the year-ago period. Cintas projects quarterly revenue of $2.6 billion, compared to $2.41 billion a year earlier, according to data from Benzinga Pro.

On Monday, Cintas disclosed ending discussions regarding its proposal to acquire UniFirst for $275 per share in cash.

Cintas shares fell 0.6% to close at $193.46 on Tuesday.

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