McGrath (MGRC) Q1 Earnings and Revenues Top Estimates
- McGrath reported earnings of $0.93 per share, beating estimates by 27.4%. - Revenues for the quarter were $187.83 million, exceeding expectations by 9.15%. - McGrath shares have underperformed, dropping 9.3% YTD compared to S&P 500's gain of 6.3%. - Estimate revisions trend for McGrath is mixed, translating to Zacks Rank #3 (Hold). - Industry outlook for Financial-Leasing Companies is in the bottom 19% of Zacks industries. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
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