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McGrath RentCorp Q3 2024 Earnings Report

McGrath RentCorp logo
$105.12 -2.03 (-1.89%)
As of 04/4/2025 04:00 PM Eastern

McGrath RentCorp EPS Results

Actual EPS
$1.87
Consensus EPS
$1.39
Beat/Miss
Beat by +$0.48
One Year Ago EPS
$1.65

McGrath RentCorp Revenue Results

Actual Revenue
$266.76 million
Expected Revenue
$227.76 million
Beat/Miss
Beat by +$39.00 million
YoY Revenue Growth
+9.50%

McGrath RentCorp Announcement Details

Quarter
Q3 2024
Time
After Market Closes

MGRC Upcoming Earnings

McGrath RentCorp will be holding an earnings conference call on Thursday, April 24 at 5:00 PM Eastern. Interested parties can register for or listen to the call or dial in at 402-220-1521.

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McGrath RentCorp Earnings Headlines

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About McGrath RentCorp

McGrath RentCorp (NASDAQ:MGRC) operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Portable Storage segment offers steel containers to provide a temporary storage solution. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.

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