McGrath RentCorp (NASDAQ:MGRC) Releases Earnings Results, Misses Expectations By $0.10 EPS

McGrath RentCorp (NASDAQ:MGRC - Get Free Report) issued its earnings results on Wednesday. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.10). The business had revenue of $221.11 million for the quarter, compar…

McGrath RentCorp (NASDAQ:MGRC - Get Free Report) issued its earnings results on Wednesday. The financial services provider reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.10). The business had revenue of $221.11 million for the quarter, compared to analysts' expectations of $236.51 million. McGrath RentCorp had a return on equity of 12.84% and a net margin of 16.38%.

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