Free Trial

McGrath RentCorp (MGRC) Earnings Date, Estimates & Call Transcripts

McGrath RentCorp logo
$112.65 +0.67 (+0.60%)
(As of 12/20/2024 05:16 PM ET)

McGrath RentCorp Latest Earnings Summary

Actual EPS
(Oct. 24)
$1.87 Beat By $0.48
Consensus EPS
(Oct. 24)
$1.39

McGrath RentCorp issued Q3 2024 earnings on October 24, 2024, reporting an EPS of $1.87, which beat analysts' consensus estimates of $1.39 by $0.48. Quarterly revenue rose 9.5% year-over-year to $266.76 million, above analyst estimates of $227.76 million. With a trailing EPS of $9.15 and a P/E Ratio of 12.31, McGrath RentCorp's earnings are expected to grow 16.36% next year, from $5.50 to $6.40 per share.

Get McGrath RentCorp Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on McGrath RentCorp and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

MGRC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGRC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

McGrath RentCorp Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q4 20241$1.57$1.57$1.57 
20241$1.57$1.57$1.57 
Q1 20251$0.84$0.84$0.84 
Q2 20251$1.66$1.66$1.66 
Q3 20251$1.70$1.70$1.70 
Q4 20251$1.76$1.76$1.76 
FY 20254$5.96$5.96 $5.96

McGrath RentCorp Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/24/2024Q3 2024$1.39$1.87+$0.48-$2.34$227.76M$266.76M
7/25/2024Q2 2024$1.25$0.84 -$0.41$1.56$210.23M$212.60M
4/25/2024Q1 2024$0.73$0.93+$0.20$0.93$145.63M$187.80M
2/21/2024Q4 2023$1.37$1.30 -$0.07$1.30$214.43M$221.59M
10/26/2023Q3 2023$1.25$1.65+$0.40$1.65$159.45M$243.51M
7/27/2023Q2 2023$0.96$1.14+$0.18$1.03$191.80M$203.03M
5/4/2023Q1 2023$0.70$0.89+$0.19-$1.14$157.10M$163.72M
2/22/2023Q4 2022$1.34$1.62+$0.28$1.62$201.16M$210.90M

McGrath RentCorp Earnings - Frequently Asked Questions

McGrath RentCorp (NASDAQ:MGRC) last announced its quarterly earning data on Thursday, October 24, 2024. Learn more on MGRC's earnings history.

McGrath RentCorp issued an update on its FY 2024 earnings guidance on Thursday, October, 24th. The company issued revenue guidance of $910.0 million-$920.0 million, compared to the consensus revenue estimate of $858.6 million.

In the previous quarter, McGrath RentCorp (NASDAQ:MGRC) reported $1.87 earnings per share (EPS) to beat the analysts' consensus estimate of $1.39 by $0.48. Learn more on analysts' earnings estimate vs. MGRC's actual earnings.

The conference call for McGrath RentCorp's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for McGrath RentCorp's latest earnings report can be read online.
Read Transcript

McGrath RentCorp (NASDAQ:MGRC) has a recorded annual revenue of $888.78 million.

McGrath RentCorp (NASDAQ:MGRC) has a recorded net income of $174.62 million. MGRC has generated $9.15 earnings per share over the last four quarters.

McGrath RentCorp (NASDAQ:MGRC) has a trailing price-to-earnings ratio of 12.31 and a forward price-to-earnings ratio of 20.48. The price/earnings-to-growth ratio is 1.68.

McGrath RentCorp's earnings are expected to grow from $5.50 per share to $6.40 per share in the next year, which is a 16.36% increase.

More Earnings Resources from MarketBeat



This page (NASDAQ:MGRC) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners