McGrath RentCorp Announces Results for First Quarter 2021
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McGrath Rentcorp (MGRC) Misses Q1 EPS by 6c
April 28, 2021 5:05 PM EDTMcGrath Rentcorp (NASDAQ: MGRC) reported Q1 EPS of $0.71, $0.06 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $121.2 million versus the consensus estimate of $127.96 million.
Joe Hanna, President and CEO of McGrath RentCorp, made the following comments regarding these results and future expectations:
Our first quarter rental revenues declined by only 4% compared to a very strong first... More
