McGrath RentCorp expected to post earnings of $1.25 a share - Earnings Preview

Mcgrath Rentcorp

25/10/2023 03:05

* McGrath RentCorp  MGRC.OQ   MGRC.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Livermore California-based  company is expected to
report  a
7.0% increase in revenue to $214.579 million from $200.54
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for McGrath RentCorp is
for
earnings of $1.25 per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for McGrath
RentCorp
is $124.5​, above​ its last closing price of $97.57. ​​​

This summary was machine generated October 25 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated