Mobile Mini (MINI) Declares $0.303 Quarterly Dividend; 4.2% Yield

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Go back to Mobile Mini (MINI) Declares $0.303 Quarterly Dividend; 4.2% Yield

Mobile Mini (MINI) Tops Q1 EPS by 9c, Revenues Beat

May 1, 2020 6:34 AM EDT

Mobile Mini (NASDAQ: MINI) reported Q1 EPS of $0.51, $0.09 better than the analyst estimate of $0.42. Revenue for the quarter came in at $149 million versus the consensus estimate of $145.17 million.

First Quarter 2020 Highlights

Drove healthy year-over-year growth of 3.2% in North America Storage Solutions rental revenue.Solid year-over-year rate increase of 3.7% and 1.9% in North America and U.K. Storage Solutions, respectively.Grew consolidated adjusted EBITDA 6.5%, year-over-year, and expanded adjusted EBITDA margin by 260 basis points to 40.2%, driven by a 420 basis point year-over-year increase for Storage Solutions.Generated cash from operating activities of... More