McGrath RentCorp expected to post earnings of $3.83 a share - Earnings Preview

Mcgrath Rentcorp

23/10/2024 04:53

* McGrath RentCorp  MGRC.OQ   MGRC.O  is expected to show a
fall
in quarterly revenue when it reports  results on October 24 for
the period ending January 1 0001
    * The Livermore California-based  company is expected to
report a
6.5% decrease in revenue to $227.76 million from $243.51 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 $3.83 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 125.50​, above​ its last closing price of $105.98. ​​​

This summary was machine generated October 23 at 03:53 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)