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Ahead Of The Bell: Cintas Estimates Cut

Stock quotes in this article: CTAS  

HARTFORD, Conn. (AP) — An analyst cut his profit estimates for Cintas Corp. Thursday, a day after the corporate uniform supplier said its fiscal third-quarter profit fell 12 percent due to the slowing economy.

Citi Investment Research analyst Ashwin Shirvaikar cut his 2009 earnings estimate for the Cincinnati company to $1.93 from $2.04 and reduced his estimate for next year to $1.97 from $2.19.

Analysts surveyed by Thomson Reuters expect earnings this year to be $1.99 per share. For next year, analysts expect earnings to be $2.14 per share. ...

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