Cintas’ (CTAS) Inventory Reserves Keep Declining

Reserve declines and other benefits more than account for the 9 cps beat in 2Q

Jan 22, 2023

∙ Paid

CTAS reported EPS of $3.12 in the second fiscal quarter ended November topping earnings estimates by 9 cps. Management raised guidance for the full fiscal year ending March from a range of $12.30-$12…

A Peek Behind the Numbers

Cintas’ (CTAS) Inventory Reserves Keep Declining

Reserve declines and other benefits more than account for the 9 cps beat in 2Q

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