KeyBanc Downgrades McGrath Rentcorp (MGRC) to Hold after Q3

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McGrath Rentcorp (MGRC) Reports In-Line Q3 EPS, Trims Guidance

November 1, 2012 5:17 PM EDT

McGrath Rentcorp (NASDAQ: MGRC) reported Q3 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $99.4 million versus the consensus estimate of $96.03 million.

McGrath Rentcorp sees FY2012 EPS of $1.70-1.75, versus prior guidance of $1.70-1.85 and the consensus of... More