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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

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

$110.39
-0.28 (-0.25%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 25
After Market Closes
Confirmed
Actual EPS
(Feb. 21)
$1.30 Missed By -$0.07
Consensus EPS
(Feb. 21)
$1.37
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

Current Year EPS Consensus Estimate:$5.42 EPS
Next Year EPS Consensus Estimate: $6.14 EPS

MGRC Earnings Date and Information

McGrath RentCorp last released its earnings data on February 21st, 2024. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.37 by $0.07. The firm earned $221.59 million during the quarter, compared to analysts' expectations of $214.43 million. McGrath RentCorp has generated $7.12 earnings per share over the last year ($7.12 diluted earnings per share) and currently has a price-to-earnings ratio of 15.5. Earnings for McGrath RentCorp are expected to grow by 13.28% in the coming year, from $5.42 to $6.14 per share. McGrath RentCorp has confirmed that its next quarterly earnings report will be published on Thursday, April 25th, 2024. McGrath RentCorp will be holding an earnings conference call on Thursday, April 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call. or dial in at 402-220-2663.

McGrath RentCorp Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/25/2024
Confirmed)
-------  
2/21/2024Q4 2023$1.37$1.30($0.07)$1.30$214.43 million$221.59 million    
10/26/2023Q3 2023$1.25$1.65+$0.40$1.65$159.45 million$243.51 million    
7/27/2023Q2 2023$0.96$1.14+$0.18$1.03$191.80 million$203.03 million    
5/4/2023Q1 2023$0.70$0.89+$0.19($1.14)$157.10 million$163.72 million
2/22/2023Q4 2022$1.34$1.62+$0.28$1.62$201.16 million$210.90 million    
10/27/2022Q3 2022$1.06$1.25+$0.19$1.25$189.90 million$200.54 million
7/28/2022Q2 2022$0.79$1.07+$0.28$1.07$166.69 million$177.00 million    
4/28/2022Q1 2022$0.57$0.77+$0.20$0.77$146.41 million$145.37 million    
2/23/2022Q4 2021$1.10$1.16+$0.06$1.16$175.51 million$175.91 million    
10/28/2021Q3 2021$1.15$0.95($0.20)$0.95$177.61 million$173.29 million    
8/3/2021Q2 2021$0.82$0.84+$0.02$0.84$133.50 million$146.44 million
4/28/2021Q1 2021$0.77$0.71($0.06)$0.71$127.96 million$121.20 million  

McGrath RentCorp Earnings - Frequently Asked Questions

When is McGrath RentCorp's earnings date?

McGrath RentCorp has confirmed that its next quarterly earnings data will be published on Thursday, April 25th, 2024. Learn more on MGRC's earnings history.

Did McGrath RentCorp beat their earnings estimates last quarter?

In the previous quarter, McGrath RentCorp (NASDAQ:MGRC) missed the analysts' consensus estimate of $1.37 by $0.07 with a reported earnings per share (EPS) of $1.30. Learn more on analysts' earnings estimate vs. MGRC's actual earnings.

How can I listen to McGrath RentCorp's earnings conference call?

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

How can I read McGrath RentCorp's conference call transcript?

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

How much revenue does McGrath RentCorp generate each year?

McGrath RentCorp (NASDAQ:MGRC) has a recorded annual revenue of $831.84 million.

How much profit does McGrath RentCorp generate each year?

McGrath RentCorp (NASDAQ:MGRC) has a recorded net income of $174.62 million. MGRC has generated $7.12 earnings per share over the last four quarters.

What is McGrath RentCorp's price-to-earnings ratio?

McGrath RentCorp (NASDAQ:MGRC) has a trailing price-to-earnings ratio of 15.50 and a forward price-to-earnings ratio of 20.37. The price/earnings-to-growth ratio is 1.58.

What is McGrath RentCorp's EPS forecast for next year?

McGrath RentCorp's earnings are expected to grow from $5.42 per share to $6.14 per share in the next year, which is a 13.28% increase.


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This page (NASDAQ:MGRC) was last updated on 4/19/2024 by MarketBeat.com Staff

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