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

Mcgrath Rentcorp

28/10/2021 22:02

* McGrath RentCorp  MGRC.OQ  reported quarterly adjusted
earnings of 95 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of $1.24 per share.
* Revenue rose 10.8% to $173.29 million from a year ago; 
analysts expected $177.61 million. 
* McGrath RentCorp's reported EPS for the quarter was 95 cents​.
* The mean earnings estimate of analysts had fallen by
about 3.6% 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 4.6% this quarter and
gained 12.1% so far this year.
* The company reported quarterly net income of $23.25 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 October 28 at 09:02 p.m.
 ​All figures in US dollars unless otherwise stated