McGrath RentCorp (NASDAQ:MGRC ) Q3 2025 Earnings Call October 23, 2025 5:00 PM EDT Company Participants Joseph Hanna - President, CEO & Director Keith E. Pratt - Executive VP, CFO & Assistant Corporate Secretary Conference Call Participants Scott Schneeberger - Oppenheimer & Co. Inc., Research Division Dan Moore - CJS Securities, Inc. Marc Riddick - Sidoti & Company, LLC Presentation Operator Ladies and gentlemen, thank you for standing by.
McGrath (MGRC) came out with quarterly earnings of $1.72 per share, missing the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.87 per share a year ago.
Does McGrath (MGRC) have what it takes to be a top stock pick for momentum investors? Let's find out.
McGrath RentCorp (NASDAQ:MGRC ) Q2 2025 Earnings Conference Call July 24, 2025 5:00 PM ET Company Participants Joseph F. Hanna - President, CEO & Director Keith E.
McGrath (MGRC) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.3 per share. This compares to earnings of $1.2 per share a year ago.
McGrath RentCorp continues to show growth, with shares attractively priced both absolutely and relative to peers, justifying a soft Buy rating. Recent results were solid, but management reduced 2025 guidance due to project delays and economic uncertainty, tempering near-term profit expectations. Segment performance was mixed: Mobile Modular and TRS-RenTelco grew, while Portable Storage saw notable revenue and utilization declines.
McGrath RentCorp (NASDAQ:MGRC ) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger – Oppenheimer Daniel Moore - CJS Securities Steven Ramsey - Thompson Research Group Mark Riddick – Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp First Quarter 2025 Earnings Call.
McGrath (MGRC) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.93 per share a year ago.
McGrath RentCorp remains a 'Buy' due to its solid financial performance, attractive pricing, and potential for growth despite a failed merger with WillScot Holdings. The Mobile Modular segment drove significant revenue growth from $379.2 million in 2022 to $635.4 million in 2024, showcasing strong investment in rental equipment. Despite weaker performance in the Portage Storage and TRS-RenTelco segments, overall profitability metrics like net income and operating cash flow have more than doubled.
McGrath RentCorp (NASDAQ:MGRC ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Mark Riddick - Sidoti Daniel Moore - CJS Securities Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Fourth Quarter 2024 Earnings Call.
McGrath (MGRC) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.49 per share. This compares to earnings of $1.30 per share a year ago.
McGrath RentCorp faces near-term softness due to weak demand but expects growth from the modular segment. Despite challenges in Portable Storage and TRS segments, disciplined cost management and strong pricing in Mobile Modular should drive margin expansion in FY24. Long-term prospects are promising due to infrastructure investments and market expansion, making the stock a decent buy at current levels.