McGrath RentCorp: Q4 Earnings Insights
Benzinga Insights 2 years ago
Earnings
McGrath RentCorp (NASDAQ:MGRC) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
McGrath RentCorp missed estimated earnings by 4.41%, reporting an EPS of $1.3 versus an estimate of $1.36.
Revenue was up $10.71 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4 which was followed by a 5.32% increase in the share price the next day.
Here's a look at McGrath RentCorp's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.25 | 0.99 | 0.83 | 1.38 |
| EPS Actual | 1.65 | 1.14 | 0.47 | 1.62 |
| Revenue Estimate | 214.58M | 194.58M | 158.45M | 201.16M |
| Revenue Actual | 243.51M | 203.03M | 163.72M | 210.88M |
To track all earnings releases for McGrath RentCorp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.