McGrath Rentcorp (MGRC) Tops Q1 EPS by 7c

McGrath Rentcorp (NASDAQ: MGRC) reported Q1 EPS of $0.81, $0.07 better than the analyst estimate of $0.74. Revenue for the quarter came in at $129.5 million versus the consensus estimate of $126.52 million.

FINANCIAL OUTLOOK:

• Given the economic uncertainty and rapidly-evolving circumstances related to the COVID-19 pandemic, the company is withdrawing its previously issued 2020 guidance and is not providing an updated outlook at this time.

For earnings history and earnings-related data on McGrath Rentcorp (MGRC) click here.

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