Subtext

Cintas Corporation CTAS

SectorIndustrials
Transcripts73
Date range2007-03-20 – 2025-03-26
Calls charted72

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-24-12+0+12+242007 Q32010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32007 Q3 · Overall: +6.62008 Q1 · Overall: +10.02008 Q2 · Overall: +5.22008 Q3 · Overall: -1.52008 Q4 · Overall: +5.82009 Q1 · Overall: -1.72009 Q2 · Overall: -2.62009 Q3 · Overall: -3.02009 Q4 · Overall: -2.02010 Q1 · Overall: +5.42010 Q2 · Overall: -0.32010 Q3 · Overall: +4.52010 Q4 · Overall: +7.52011 Q1 · Overall: +4.72011 Q2 · Overall: +6.02011 Q3 · Overall: +1.92011 Q4 · Overall: +7.02012 Q1 · Overall: +6.72012 Q2 · Overall: +6.62012 Q3 · Overall: +5.72012 Q4 · Overall: +0.72013 Q1 · Overall: +2.72013 Q2 · Overall: -0.32013 Q3 · Overall: +0.72013 Q4 · Overall: +5.92014 Q1 · Overall: +8.12014 Q2 · Overall: +7.42014 Q3 · Overall: +4.12014 Q4 · Overall: +5.32015 Q1 · Overall: +6.32015 Q2 · Overall: +3.42015 Q3 · Overall: +5.32015 Q4 · Overall: +8.22016 Q1 · Overall: +9.02016 Q2 · Overall: +8.22016 Q3 · Overall: +8.12016 Q4 · Overall: +5.92017 Q1 · Overall: +2.32017 Q2 · Overall: +4.62017 Q3 · Overall: +3.62017 Q4 · Overall: +5.12018 Q1 · Overall: +7.92018 Q2 · Overall: +5.72018 Q3 · Overall: +8.82018 Q4 · Overall: +9.62019 Q1 · Overall: +7.52019 Q2 · Overall: +12.52019 Q3 · Overall: +0.42019 Q4 · Overall: +14.62020 Q1 · Overall: +6.62020 Q2 · Overall: +15.02020 Q3 · Overall: -8.62020 Q4 · Overall: +1.42021 Q1 · Overall: +7.52021 Q2 · Overall: +6.72021 Q3 · Overall: +5.72021 Q4 · Overall: +11.62022 Q1 · Overall: +12.52022 Q2 · Overall: +13.62022 Q3 · Overall: +11.42022 Q4 · Overall: +8.82023 Q1 · Overall: +11.82023 Q2 · Overall: +8.72023 Q3 · Overall: +14.62023 Q4 · Overall: +15.22024 Q1 · Overall: +11.92024 Q2 · Overall: +16.52024 Q3 · Overall: +20.52024 Q4 · Overall: +14.22025 Q1 · Overall: +13.12025 Q2 · Overall: +16.32025 Q3 · Overall: +13.5
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-40-20+0+20+402007 Q32010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32007 Q3 · CEO: +22.12020 Q4 · CEO: +5.12021 Q1 · CEO: +15.02021 Q2 · CEO: +4.82021 Q3 · CEO: +7.02021 Q4 · CEO: +17.32022 Q1 · CEO: +14.32022 Q2 · CEO: +18.92022 Q3 · CEO: +14.82022 Q4 · CEO: +19.02023 Q1 · CEO: +15.02023 Q2 · CEO: +14.62023 Q3 · CEO: +16.52023 Q4 · CEO: +21.02024 Q1 · CEO: +21.52024 Q2 · CEO: +21.42024 Q3 · CEO: +34.62024 Q4 · CEO: +22.82025 Q1 · CEO: +20.12025 Q2 · CEO: +23.92025 Q3 · CEO: +22.42007 Q3 · CFO: +3.22008 Q2 · CFO: +3.72008 Q3 · CFO: +5.22008 Q4 · CFO: +4.42009 Q1 · CFO: -0.32009 Q2 · CFO: -3.12009 Q3 · CFO: -2.62009 Q4 · CFO: +2.22010 Q1 · CFO: +12.32010 Q2 · CFO: +1.32010 Q3 · CFO: +7.12010 Q4 · CFO: +13.12011 Q1 · CFO: +7.92011 Q2 · CFO: +5.62011 Q3 · CFO: +5.02011 Q4 · CFO: +12.42012 Q1 · CFO: +5.32012 Q2 · CFO: +12.12012 Q3 · CFO: +8.32012 Q4 · CFO: +5.52013 Q1 · CFO: +6.72013 Q2 · CFO: +0.92013 Q3 · CFO: +0.62013 Q4 · CFO: +3.72014 Q1 · CFO: +8.82014 Q2 · CFO: +8.32014 Q3 · CFO: +4.02014 Q4 · CFO: +9.02015 Q1 · CFO: +9.42015 Q2 · CFO: +2.32015 Q3 · CFO: +7.62015 Q4 · CFO: +11.22016 Q1 · CFO: +13.42016 Q2 · CFO: +13.92016 Q3 · CFO: +12.42016 Q4 · CFO: +12.02017 Q1 · CFO: +2.02017 Q2 · CFO: +10.02017 Q3 · CFO: +6.82017 Q4 · CFO: +12.42018 Q1 · CFO: +10.62018 Q2 · CFO: +7.82018 Q4 · CFO: +14.02019 Q1 · CFO: +10.72019 Q2 · CFO: +20.12019 Q3 · CFO: +1.12019 Q4 · CFO: +20.92020 Q1 · CFO: +8.32020 Q2 · CFO: +22.62020 Q3 · CFO: -6.92020 Q4 · CFO: +8.92021 Q1 · CFO: +5.32021 Q2 · CFO: +9.62021 Q3 · CFO: +7.32021 Q4 · CFO: +11.92022 Q1 · CFO: +19.92022 Q2 · CFO: +19.92022 Q3 · CFO: +14.32022 Q4 · CFO: +10.72023 Q1 · CFO: +14.32023 Q2 · CFO: +11.32023 Q3 · CFO: +19.92023 Q4 · CFO: +18.42024 Q1 · CFO: +12.92024 Q2 · CFO: +21.82024 Q3 · CFO: +18.82024 Q4 · CFO: +18.02025 Q1 · CFO: +12.92025 Q2 · CFO: +19.12025 Q3 · CFO: +8.3
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-33-17+0+17+332007 Q32010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32007 Q3 · Prepared remarks: +9.72008 Q1 · Prepared remarks: +11.52008 Q2 · Prepared remarks: +14.82008 Q3 · Prepared remarks: -0.92008 Q4 · Prepared remarks: +11.92009 Q1 · Prepared remarks: +1.12009 Q2 · Prepared remarks: -2.22009 Q3 · Prepared remarks: -5.22009 Q4 · Prepared remarks: -7.92010 Q1 · Prepared remarks: +4.62010 Q2 · Prepared remarks: +1.42010 Q3 · Prepared remarks: +3.62010 Q4 · Prepared remarks: +5.12011 Q1 · Prepared remarks: +1.82011 Q2 · Prepared remarks: +10.72011 Q3 · Prepared remarks: +5.82011 Q4 · Prepared remarks: +12.62012 Q1 · Prepared remarks: +14.02012 Q2 · Prepared remarks: +7.82012 Q3 · Prepared remarks: +8.92012 Q4 · Prepared remarks: +6.12013 Q1 · Prepared remarks: +0.52013 Q2 · Prepared remarks: -2.02013 Q3 · Prepared remarks: +5.82013 Q4 · Prepared remarks: +9.12014 Q1 · Prepared remarks: +8.32014 Q2 · Prepared remarks: +15.42014 Q3 · Prepared remarks: +4.12014 Q4 · Prepared remarks: +11.02015 Q1 · Prepared remarks: +5.32015 Q2 · Prepared remarks: +2.42015 Q3 · Prepared remarks: +4.12015 Q4 · Prepared remarks: +4.72016 Q1 · Prepared remarks: +9.02016 Q2 · Prepared remarks: +8.32016 Q3 · Prepared remarks: +15.82016 Q4 · Prepared remarks: +7.02017 Q1 · Prepared remarks: +5.32017 Q2 · Prepared remarks: +8.52017 Q3 · Prepared remarks: +7.12017 Q4 · Prepared remarks: +7.22018 Q1 · Prepared remarks: +6.62018 Q2 · Prepared remarks: +8.92018 Q3 · Prepared remarks: -2.12018 Q4 · Prepared remarks: +12.72019 Q1 · Prepared remarks: +5.42019 Q2 · Prepared remarks: +12.42019 Q3 · Prepared remarks: -0.52019 Q4 · Prepared remarks: +11.32020 Q1 · Prepared remarks: +1.92020 Q2 · Prepared remarks: +7.62020 Q3 · Prepared remarks: +2.42020 Q4 · Prepared remarks: -6.12021 Q1 · Prepared remarks: +5.82021 Q2 · Prepared remarks: +5.12021 Q3 · Prepared remarks: +3.92021 Q4 · Prepared remarks: +19.82022 Q1 · Prepared remarks: +5.22022 Q2 · Prepared remarks: +6.92022 Q3 · Prepared remarks: +18.92022 Q4 · Prepared remarks: +20.92023 Q1 · Prepared remarks: +6.42023 Q2 · Prepared remarks: +2.52023 Q3 · Prepared remarks: +16.22023 Q4 · Prepared remarks: +23.82024 Q1 · Prepared remarks: +7.32024 Q2 · Prepared remarks: +20.32024 Q3 · Prepared remarks: +19.42024 Q4 · Prepared remarks: +24.62025 Q1 · Prepared remarks: +16.72025 Q2 · Prepared remarks: +20.52025 Q3 · Prepared remarks: +16.22007 Q3 · Q&A responses: +2.22008 Q2 · Q&A responses: +1.02008 Q3 · Q&A responses: +4.62008 Q4 · Q&A responses: +4.92009 Q1 · Q&A responses: +0.32009 Q2 · Q&A responses: -0.32009 Q3 · Q&A responses: +0.82009 Q4 · Q&A responses: +3.02010 Q1 · Q&A responses: +9.92010 Q2 · Q&A responses: +1.22010 Q3 · Q&A responses: +7.12010 Q4 · Q&A responses: +10.92011 Q1 · Q&A responses: +7.12011 Q2 · Q&A responses: +6.62011 Q3 · Q&A responses: +2.02011 Q4 · Q&A responses: +11.42012 Q1 · Q&A responses: +6.02012 Q2 · Q&A responses: +7.82012 Q3 · Q&A responses: +6.32012 Q4 · Q&A responses: +2.82013 Q1 · Q&A responses: +4.52013 Q2 · Q&A responses: +2.62013 Q3 · Q&A responses: +0.02013 Q4 · Q&A responses: +4.82014 Q2 · Q&A responses: +7.92014 Q3 · Q&A responses: +5.62014 Q4 · Q&A responses: +5.62015 Q1 · Q&A responses: +8.32015 Q2 · Q&A responses: +6.42015 Q3 · Q&A responses: +8.32015 Q4 · Q&A responses: +9.72016 Q2 · Q&A responses: +9.12016 Q3 · Q&A responses: +8.52016 Q4 · Q&A responses: +9.82017 Q1 · Q&A responses: +0.92017 Q2 · Q&A responses: +5.32017 Q3 · Q&A responses: +5.42017 Q4 · Q&A responses: +12.12018 Q1 · Q&A responses: +10.92018 Q2 · Q&A responses: +6.32018 Q3 · Q&A responses: +18.62018 Q4 · Q&A responses: +13.82019 Q1 · Q&A responses: +12.12019 Q2 · Q&A responses: +15.32019 Q3 · Q&A responses: +0.42019 Q4 · Q&A responses: +19.72020 Q1 · Q&A responses: +10.92020 Q2 · Q&A responses: +24.52020 Q3 · Q&A responses: -9.02020 Q4 · Q&A responses: +5.12021 Q1 · Q&A responses: +14.82021 Q2 · Q&A responses: +7.52021 Q3 · Q&A responses: +9.82021 Q4 · Q&A responses: +11.52022 Q1 · Q&A responses: +18.22022 Q2 · Q&A responses: +21.22022 Q3 · Q&A responses: +10.32022 Q4 · Q&A responses: +11.62023 Q1 · Q&A responses: +15.12023 Q2 · Q&A responses: +14.62023 Q3 · Q&A responses: +16.92023 Q4 · Q&A responses: +16.52024 Q1 · Q&A responses: +19.02024 Q2 · Q&A responses: +20.22024 Q3 · Q&A responses: +28.82024 Q4 · Q&A responses: +17.12025 Q1 · Q&A responses: +16.02025 Q2 · Q&A responses: +21.32025 Q3 · Q&A responses: +17.4
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$0.45$2.65$4.842007 Q32010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32014 Q1: $0.762014 Q2: $0.782014 Q3: $0.802014 Q4: $0.842015 Q1: $0.912015 Q2: $0.942015 Q3: $1.002015 Q4: $1.042016 Q1: $1.072016 Q2: $1.092016 Q3: $1.142016 Q4: $1.192017 Q1: $1.222017 Q2: $1.232017 Q3: $1.362017 Q4: $1.452018 Q1: $1.632018 Q2: $1.792018 Q3: $1.862018 Q4: $1.952019 Q1: $2.032019 Q2: $2.102019 Q3: $2.192019 Q4: $2.322020 Q1: $2.372020 Q2: $1.802020 Q3: $2.132020 Q4: $2.332021 Q1: $2.532021 Q2: $2.572021 Q3: $2.762021 Q4: $2.882022 Q1: $2.952022 Q2: $3.122022 Q3: $3.182022 Q4: $3.352023 Q1: $3.482023 Q2: $3.602023 Q3: $3.722023 Q4: $3.832024 Q1: $3.982024 Q2: $4.142024 Q3: $4.322024 Q4: $4.54

Forward P/E

16.5832.7348.882007 Q32010 Q12012 Q22014 Q32016 Q42019 Q12021 Q22023 Q32014 Q1: 19.692014 Q2: 20.422014 Q3: 21.002014 Q4: 21.762015 Q1: 23.582015 Q2: 22.802015 Q3: 21.652015 Q4: 21.932016 Q1: 20.962016 Q2: 21.632016 Q3: 24.882016 Q4: 25.092017 Q1: 24.542017 Q2: 25.942017 Q3: 24.802017 Q4: 27.212018 Q1: 26.682018 Q2: 26.912018 Q3: 28.292018 Q4: 21.162019 Q1: 25.292019 Q2: 27.952019 Q3: 28.462019 Q4: 28.672020 Q1: 18.812020 Q2: 37.852020 Q3: 38.292020 Q4: 38.042021 Q1: 33.892021 Q2: 34.722021 Q3: 36.082021 Q4: 39.732022 Q1: 32.992022 Q2: 28.462022 Q3: 31.712022 Q4: 34.292023 Q1: 31.062023 Q2: 33.712023 Q3: 34.572023 Q4: 37.572024 Q1: 39.202024 Q2: 42.892024 Q3: 46.652024 Q4: 45.04

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2014 Q3 tone ↓ -3.3 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.
  • 2015 Q2 tone ↓ -3.0 fwd EPS ↑ +0.02 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q4 tone ↓ -2.1 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -3.6 fwd EPS ↑ +0.03 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q2 tone ↓ -2.1 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q1 tone ↓ -2.1 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q3 tone ↓ -12.2 fwd EPS ↑ +0.09 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↓ -8.0 fwd EPS ↑ +0.05 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q2 tone ↑ +8.3 fwd EPS ↓ -0.56 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -23.5 fwd EPS ↑ +0.32 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q3 tone ↓ -2.2 fwd EPS ↑ +0.06 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q4 tone ↓ -2.6 fwd EPS ↑ +0.17 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q2 tone ↓ -3.1 fwd EPS ↑ +0.12 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -3.3 fwd EPS ↑ +0.15 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q4 tone ↓ -6.3 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-03-26+13.5——View →
2025 Q22024-12-19+16.3——View →
2025 Q12024-09-25+13.1——View →
2024 Q42024-07-18+14.2$4.5445.0View →
2024 Q32024-03-27+20.5$4.3246.6View →
2024 Q22023-12-21+16.5$4.1442.9View →
2024 Q12023-09-26+11.9$3.9839.2View →
2023 Q42023-07-13+15.2$3.8337.6View →