McGrath: Q2 Earnings Snapshot
In this article:
LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — McGrath RentCorp (MGRC) on Thursday reported profit of $30.6 million in its second quarter.
On a per-share basis, the Livermore, California-based company said it had net income of $1.25. Earnings, adjusted to account for discontinued operations, were $1.14 per share.
The business-to-business rental company posted revenue of $203 million in the period.
McGrath expects full-year revenue in the range of $805 million to $830 million.
_____
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
