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McGrath RentCorp (NASDAQ:MGRC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
McGrath RentCorp missed estimated earnings by 43.37%, reporting an EPS of $0.47 versus an estimate of $0.83.
Revenue was up $18.34 million from the same period last year.
Last quarter the company beat on EPS by $0.24 which was followed by a 1.41% increase in the share price the next day.
Here's a look at McGrath RentCorp's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.38 | 1.17 | 0.89 | 0.72 |
| EPS Actual | 1.62 | 1.25 | 1.07 | 0.77 |
| Revenue Estimate | 201.16M | 187.52M | 166.68M | 146.41M |
| Revenue Actual | 210.88M | 200.54M | 177.03M | 145.37M |
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.
Posted In: MGRC
