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| HANNA JOSEPH FDirector | Sell | 7,500 | $862.8K | Thu, Oct 1 |
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AI infrastructure demand lifts rental operations, though modular sales face project delays.
McGrath RentCorp (NASDAQ:MGRC) reported third-quarter growth in rental operations, led by continued momentum in its Mobile Modular and TRS-RenTelco businesses, while lowering its full-year revenue outlook to reflect slower-than-expected completion of new…
Although the revenue and EPS for McGrath (MGRC) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
McGrath (MGRC) delivered earnings and revenue surprises of +11.11% and +1.21%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?
(AP) — McGrath RentCorp (MGRC) on Wednesday reported third-quarter net income of $48.The Livermore, California-based company said it had net income of $2 per share.
Fresh attention on McGrath RentCorp (MGRC) comes as the rental specialist’s long-running dividend growth record, with payouts covered by trailing earnings more than 3x, is being weighed against steady income from Treasury bills.
McGrath RentCorp has given long term holders a strong ride, with the share price rising 67.4% over the past 5 years.
The London Company, an investment management company, released its second-quarter 2026 investor letter for its “Small Cap Strategy.” U.S. equities rebounded in the quarter, driven by AI infrastructure spending and positive earnings.