McGrath: Q1 Earnings Snapshot
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LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — McGrath RentCorp (MGRC) on Thursday reported profit of $71.7 million in its first quarter.
On a per-share basis, the Livermore, California-based company said it had profit of $2.92. Earnings, adjusted to account for discontinued operations, came to 47 cents per share.
The business-to-business rental company posted revenue of $163.7 million in the period.
McGrath expects full-year revenue in the range of $790 million to $820 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGRC at https://www.zacks.com/ap/MGRC
