What Analyst Projections for Key Metrics Reveal About Cintas (CTAS) Q2 Earnings

Analysts on Wall Street project that Cintas (CTAS) will announce quarterly earnings of $1.01 per share in its forthcoming report, representing an increase of 12.2% year over year. Revenues are projected to reach $2.56 billion, increasing 7.7% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.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 typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.Bearing this in mind, let's now explore the average estimates of specific Cintas metrics that are commonly monitored and projected by Wall Street analysts.Analysts expect 'Total Revenue- Uniform Rental and Facility Services' to come in at $1.98 billion. The estimate suggests a change of +7.1% year over year.Analysts forecast 'Revenue- All Other' to reach $280.89 million. The estimate indicates a year-over-year change of +7.9%.Analysts predict that the 'Revenue- First Aid and Safety Services' will reach $296.71 million. The estimate suggests a change of +11.4% year over year.The combined assessment of analysts suggests that 'Income before income taxes- Uniform Rental and Facility Services' will likely reach $438.55 million. Compared to the current estimate, the company reported $399.61 million in the same quarter of the previous year.Based on the collective assessment of analysts, 'Income before income taxes- First Aid and Safety Services' should arrive at $68.50 million. The estimate compares to the year-ago value of $58.53 million.The average prediction of analysts places 'Income before income taxes- All Other' at $46.55 million. The estimate compares to the year-ago value of $41.54 million.View all Key Company Metrics for Cintas here>>>Shares of Cintas have experienced a change of -1.9% in the past month compared to the +1.2% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), CTAS is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>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 ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks