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Yesterday Cintas (CTAS) reported an earnings beat on EPS by $0.43 and revenue beat. The stock took a slight dip and was immediately bought up, but should investors really be buying shares? Yes, the company beat analyst expectations, but they also reported total revenues down by (-4.3%) Y/Y. To buy, or to not buy Cintas?
By Financial MoversYesterday Cintas (CTAS) reported an earnings beat on EPS by $0.43 and revenue beat. The stock took a slight dip and was immediately bought up, but should investors really be buying shares? Yes, the company beat analyst expectations, but they also reported total revenues down by (-4.3%) Y/Y. To buy, or to not buy Cintas?