Optimism Surrounds McGrath RentCorp (MGRC) Backed by Mobile Modular and TRS-RenTelco Segments [Yahoo! Finance]
McGrath RentCorp (MGRC)
Last mcgrath rentcorp earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
McGrath RentCorp (NASDAQ: MGRC ) is one of the 10 best trading and distribution stocks to buy On February 26, McGrath RentCorp (NASDAQ:MGRC) reported fourth-quarter revenue of $256.8 million compared to the consensus forecasts of $254.3 million. The company, under the leadership of its President and CEO, Joe Hanna, was pleased with the fourth-quarter results, which showed a 5% increase in revenue and a 14% jump in adjusted EBITDA. This was primarily driven by its Mobile Modular and TRS-RenTelco businesses. Rawpixel.com/Shutterstock.com Modular rental revenue grew 2% from commercial customers, while Portable Storage revenue grew 3%. TRS-RenTelco reported a 13% increase in rental revenue, driven by strong equipment sales, despite challenging conditions in the non-residential construction sector. However, Hanna was encouraged by the early 2026 results and was optimistic about building on the company's progress in 2025. On February 11, Barclays initiated coverage of McGrath RentC
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MGRC
News
- McGrath to Participate in the Sidoti Small Cap Conference [Yahoo! Finance]Yahoo! Finance
- McGrath to Participate in the Sidoti Small Cap ConferenceBusiness Wire
- Assessing McGrath RentCorp (MGRC) Valuation After Recent Share Price Weakness [Yahoo! Finance]Yahoo! Finance
- McGrath RentCorp Q4 2025 Earnings Call Summary [Yahoo! Finance]Yahoo! Finance
- McGrath RentCorp (MGRC) Q4 2025 Earnings Call Highlights: Strong Revenue Growth Amid Market ... [Yahoo! Finance]Yahoo! Finance
MGRC
Earnings
- 2/25/26 - Beat
MGRC
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- MGRC's page on the SEC website