Recap: McGrath RentCorp Q2 Earnings

McGrath RentCorp MGRC reported its Q2 earnings results on Thursday, July 28, 2022 at 04:00 PM.

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

Earnings

McGrath RentCorp beat estimated earnings by 20.22%, reporting an EPS of $1.07 versus an estimate of $0.89.

Revenue was up $30.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 1.48% drop in the share price the next day.

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

To track all earnings releases for McGrath RentCorp visit their earnings calendar here.

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