McGrath Announces Results for Third Quarter 2024
McGrath RentCorp (MGRC)
Last mcgrath rentcorp earnings: 4/29 04:01 pm
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Source: Business Wire
LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (“McGrath” or the “Company”) (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended September 30, 2024 of $266.8 million, an increase of 10% compared to the third quarter of 2023. The Company reported net income from continuing operations of $149.3 million, or $6.08 per diluted share, for the third quarter of 2024, compared to net income from continuing operations of $40.4 million, or $1.65 per diluted share, for the third quarter of 2023. Excluding the $180.0 million merger termination payment received from WillScot Mobile Mini and $39.4 million in transaction costs incurred during the quarter, net of provision for income taxes, the Company reported net income from continuing operations of $45.9 million, or $1.87 per diluted share.THIRD QUARTER 2024 YEAR-OVER-YEAR COMPANY HIGHLIGHTS (FROM CONTINUING OPERATIONS):Rental revenu
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MGRC
News
- Are Options Traders Betting on a Big Move in McGrath RentCorp (MGRC) Stock? [Yahoo! Finance]Yahoo! Finance
- McGrath Declares Quarterly DividendBusiness Wire
- WillScot Holdings: Under The Radar Roll-Up With Attractive Unit Economics [Seeking Alpha]Seeking Alpha
- McGrath RentCorp (NASDAQ: MGRC) is now covered by analysts at CJS Securities. They set an "outperform" rating and a $152.00 price target on the stock.MarketBeat
- McGrath to Participate in the Oppenheimer Midwest Virtual SummitBusiness Wire
MGRC
Earnings
- 10/24/24 - Beat
MGRC
Sec Filings
- 12/16/24 - Form 8-K
- 12/11/24 - Form 4
- 12/9/24 - Form 144
- MGRC's page on the SEC website