McGrath RentCorp expected to post earnings of $1.37 a share - Earnings Preview

Mcgrath Rentcorp

19/02/2024 21:43

* McGrath RentCorp  MGRC.OQ   MGRC.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 21 for
the period ending December 31 2023
    * The Livermore California-based  company is expected to
report a
1.7% increase in revenue to $214.424 million from $210.88
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for McGrath RentCorp is for
earnings of $1.37 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 $119.50​, below​ its last closing price of $128.51. ​​​

This summary was machine generated February 19 at 21:43 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)