Cintas Posts Upbeat Earnings, Joins CommScope Holding, Virtu Financial And Other Big Stocks Moving Higher On Thursday

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Thursday.

Shares of Cintas Corporation CTAS rose during Thursday's session after the company reported better-than-expected quarterly EPS and revenues.

Cintas reported fourth-quarter earnings per share of $3.99, beating the street view of $3.80. The company registered quarterly revenues of $2.471 billion, beating the street view of $2.468 billion, according to data from Benzinga Pro.

Cintas shares gained 5.3% to $758.25 on Thursday.

Here are some other big stocks recording gains in today’s session.

• Chuy’s Holdings, Inc. CHUY shares gained 47.6% to $37.29 after the company and Darden Restaurants, Inc. DRI jointly announced that Darden will acquire Chuy's Holdings.
• CommScope Holding Company, Inc. COMM jumped 19% to $2.0407. Amphenol announced plans to acquire mobile networks businesses from CommScope.
• ZimVie Inc. ZIMV shares rose 14.7% to $21.74.
• Virtu Financial, Inc. VIRT surged 13.2% to $26.61 after the company reported better-than-expected second-quarter financial results.
• D.R. Horton, Inc. DHI shares gained 10.6% to $174.29 after the company reported better-than-expected third-quarter financial results and revised its FY24 guidance. Also, the company authorized a new $4 billion share repurchase.
• OPKO Health, Inc. OPK rose 8.5% to $1.54. The company announced a $100 million share repurchase program.
• Canadian Solar Inc. CSIQ surged 8.3% to $17.89.
• Legend Biotech Corporation LEGN rose 7.5% to $59.12. HC Wainwright & Co. analyst Mitchell Kapoor reiterated Legend Biotech with a Buy and maintained a $73 price target.
• Infosys Limited INFY gained 7.4% to $22.07 as the company reported first-quarter revenue growth of 2.5% in constant currency terms year-on-year to $4.71 billion, beating the analyst consensus estimate of $4.65 billion.
• Root, Inc. ROOT rose 7.4% to $85.29. Root is scheduled to host a conference call to discuss financial results for the second quarter on Wednesday, Aug. 7.
• Materialise NV MTLS jumped 7.2% to $5.85. Materialise is expected to release financial results for the second quarter on Wednesday, July 31.
• BankUnited, Inc. BKU gained 6.6% to $36.95 after the company reported better-than-expected quarterly financial results.
• Quanta Services, Inc. PWR gained 6.5% to $260.95 after the company completed the acquisition of Cupertino Electric.
• Meritage Homes Corporation MTH rose 6.1% to $201.54.
• Toll Brothers, Inc. TOL rose 6% to $135.83 in sympathy with D.R. Horton, which reported better-than-expected third-quarter financial results.
• Warner Bros. Discovery, Inc. WBD gained 5.2% to $8.76 after the Financial Times reported that the company has discussed plans to split its digital streaming and studio businesses from its legacy television networks.
• Intel Corporation INTC gained 4.4% to $35.97.

Now Read This:

• Jim Cramer ‘Can Bless’ General Dynamics: ‘It’s Great, Not Expensive‘