McGrath RentCorp expected to post earnings of 99  cents a share - Earnings Preview

Mcgrath Rentcorp

25/07/2023 21:19

* McGrath RentCorp  MGRC.OQ   MGRC.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 27. 
    * The Livermore California-based  company is expected to
report  a
9.9% increase in revenue to $194.581 million from $177.03
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 99 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 $92.59. ​​​

This summary was machine generated July 25 at 20:19 GMT.  All
figures in US dollars  unless otherwise stated