Mobile Mini (MINI) Declares $0.275 Quarterly Dividend; 3.2% Yield

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Go back to Mobile Mini (MINI) Declares $0.275 Quarterly Dividend; 3.2% Yield

Mobile Mini (MINI) Tops Q1 EPS by 3c, Revenues Beat

April 22, 2019 4:06 PM EDT

Mobile Mini (NASDAQ: MINI) reported Q1 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $149.7 million versus the consensus estimate of $147.74 million.

Continued strong rental revenue growth in Tank & Pump Solutions (T&P) with a 15.6% year-over-year increase.Delivered healthy North American Storage Solutions (SS) rental revenue year-over-year growth of 8.0%.Delivered year-over-year rate growth of 3.3% in SS and a mid-single digit increase for T&P, for new units placed on rent.Achieved strong average OEC utilization rates of 77.1% for SS and 74.1% for T&P in... More