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

Mcgrath Rentcorp

29/04/2021 24:21

* McGrath RentCorp  MGRC.OQ  reported quarterly adjusted
earnings of 71 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 77 cents per share.
* Revenue fell 6.4% to $121.20 million from a year ago​; 
analysts expected $127.96 million.
* McGrath RentCorp's reported EPS for the quarter was 71 cents​.
* The mean earnings estimate of analysts had fallen by
about 5.3% 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 risen by 1.6% this quarter and
gained 22.1% so far this year.
* The company reported quarterly net income of $17.4 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 April 28 at 11:21 p.m. GMT.
​All figures in US Dollars.​