McGrath RentCorp reports results for the quarter ended in June - Earnings Summary

Mcgrath Rentcorp

03/08/2021 21:48

* McGrath RentCorp  MGRC.OQ  reported quarterly adjusted
earnings of 84 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 91 cents per share.
* Revenue rose 70.4% to $234.54 million from a year ago; 
analysts expected $133.83 million. 
* McGrath RentCorp's reported EPS for the quarter was 84 cents​.
* The mean earnings estimate of analysts had risen by about 1.1%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* McGrath RentCorp shares had fallen by 3.3% this quarter and
gained 17.6% so far this year.
* The company reported quarterly net income of $20.61 million.
* Wall Street's median 12-month price target for McGrath
RentCorp is $97.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated August 3 at 08:47 p.m.  ​All
figures in US dollars unless otherwise stated