Why Cintas (CTAS) Stock Is Higher in After-Hours Trading Today

NEW YORK (TheStreet) -- Shares of Cintas Corp  (CTAS) are rising 1.08% to $66.66 in after-hours trading Monday after the work uniform apparel company reported better-than-expected results in its fiscal first quarter earnings with profits of 93 cents per share, better than the 75 cents per share analysts expected.

Revenue was $1.1 billion for the period, in-line with the consensus estimate.

Results included a 15 cents per share gain on equity method investment stock sales and a transaction with Shred-it International. 

Cintas gave full year guidance for fiscal 2015 with earnings of between $3.20 to $3.29 per share on revenue of $4.4 billion to $4.48 billion. Analysts expect $3.09 per share on revenue of $4.5 billion for the full year.

Separately, TheStreet Ratings team rates CINTAS CORP as a Buy with a ratings score of A+. 

CTAS Chart CTAS data by YCharts

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