McGrath RentCorp expected to post earnings of 84  cents a share - Earnings Preview

Mcgrath Rentcorp

03/05/2023 03:02

* McGrath RentCorp  MGRC.OQ   MGRC.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 4. 
    * The Livermore California-based  company is expected to
report  a
9.0% increase in revenue to $158.452 million from $145.37
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 84 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for McGrath
RentCorp
is $120.5​, above​ its last closing price of $89.00. ​​​

This summary was machine generated May 3 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated