Mobile Mini (MINI) Raises Quarterly Dividend 10% to $0.275; 2.9% Yield

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Go back to Mobile Mini (MINI) Raises Quarterly Dividend 10% to $0.275; 2.9% Yield

Mobile Mini (MINI) Misses Q4 EPS by 4c, Revenues Beat

February 1, 2019 6:31 AM EST

Mobile Mini (NASDAQ: MINI) reported Q4 EPS of $0.53, $0.04 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $160.9 million versus the consensus estimate of $157.09 million.

Continued strong rental revenue growth in Tank & Pump Solutions (T&P) with a 16.1% year-over-year increase.Delivered solid Storage Solutions (SS) rental revenue year-over-year growth of 8.3%, with record high seasonal business.Reached all-time high T&P OEC fleet on rent and drove average OEC utilization to 76.0% for the quarter, up 300 bps compared to the prior-year quarter.Increased total SS average units on rent by 2.7%... More