LIVERMORE — McGrath RentCorp (MGRC) on Tuesday reported first-quarter earnings of $14.5 million.
LIVERMORE — McGrath RentCorp (MGRC) on Tuesday reported first-quarter earnings of $14.5 million.
The Livermore, California-based company said it had net income of 59 cents per share. Earnings, adjusted for pretax gains, came to 48 cents per share.
The business-to-business rental company posted revenue of $105.1 million in the period.
McGrath shares have risen 27 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $59.55, a climb of 72 percent in the last 12 months.
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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
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