McGrath Rentcorp (NASDAQ: MGRC) reported Q2 EPS of $0.84, $0.07 worse than the analyst estimate of $0.91. Revenue for the quarter came in at $146.4 million versus the consensus estimate of $133.83 million.

FINANCIAL OUTLOOK:

Based upon the Company’s year-to-date results, current outlook for the remainder of the year, and the previously announced acquisition of Design Space, the Company is raising its financial outlook.

For the full-year 2021, the Company expects:

				Previous		Current
●		Total revenue:		$570 million to $610 million		$610 million to $640 million
●		Adjusted EBITDA:		$232 million to $247 million		$245 million to $260 million
●		Gross rental equipment capital expenditures:		$90 million to $110 million		$100 million to $120 million

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