Hi, today we are going to talk about Cintas and its current landscape.
Cintas is poised to receive increasing attention from the market as relevant events are taking place. The company reports its earnings on Tuesday after the market had closed. With an apathetic performance these last months, this report could be a Cintas event to boost its momentum. However, Cintas has been pressured by competition, and its $2.2 billion acquisition of G&K Services hasn't brought the synergy to that company as previously promised, which could create an unpleasant surprise for the bulls.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
Cintas is poised to receive increasing attention from the market as relevant events are taking place. The company reports its earnings on Tuesday after the market had closed. With an apathetic performance these last months, this report could be a Cintas event to boost its momentum. However, Cintas has been pressured by competition, and its $2.2 billion acquisition of G&K Services hasn't brought the synergy to that company as previously promised, which could create an unpleasant surprise for the bulls.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.