McGrath RentCorp expected to post earnings of 72  cents a share - Earnings Preview

Mcgrath Rentcorp

27/04/2022 24:02

* McGrath RentCorp  MGRC.OQ   MGRC.O  is expected to show a
rise
in quarterly revenue when it reports  results on April 28. 
    * The Livermore California-based  company is expected to
report  a
20.8% increase in revenue to $146.413 million from $121.2
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 72 cents per share. For the same quarter last year,
the company reported earnings of 71 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.2%
in the last three months. ​
    * Wall Street's median 12-month price target for McGrath
RentCorp
is $95​, above​ its last closing price of $83.26. ​​​

This summary was machine generated April 26 at 23:02 GMT.  All
figures in US dollars  unless otherwise stated