McGrath RentCorp: Q4 Earnings Insights

McGrath RentCorp MGRC reported its Q4 earnings results on Wednesday, February 23, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

McGrath RentCorp beat estimated earnings by 1.75%, reporting an EPS of $1.16 versus an estimate of $1.14.

Revenue was up $26.93 million from the same period last year.

Last quarter the company missed on EPS by $0.29 which was followed by a 4.15% drop in the share price the next day.

Here's a look at McGrath RentCorp's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.24	0.91	0.77	1.03
EPS Actual	0.95	0.92	0.71	1.27
Revenue Estimate	177.61M	133.83M	127.96M	143.01M
Revenue Actual	173.29M	146.44M	121.19M	148.98M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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