McGrath RentCorp (NASDAQ:MGRC) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Mark Riddick - Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp's Third Quarter 2024 Earnings Call. At this time, all conference participants are in a listen only mode. Later, we will conduct a question-and-answer s ...

McGrath (MGRC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.53%. A quarter ago, it was expected that this business-to-business rental company would post earnings of $1.25 per share when it actually produced earnings of $1.20, delivering a surprise of -4%.Over the last four quart ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITY AND EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITY AND EXCHANGE ACT OF 1934 Commission file number 000-13292 McGRATH RENTCORP (Exact name of registrant as specified in its Charter) California 94-2579843 (State or other jurisdiction of incorporation or organization) (I.R. ...

Exhibit 99.1 McGrath | 5700 Las Positas Road, Livermore, CA 94551 | mgrc.com Contact Keith E. Pratt EVP & Chief Financial Officer 925-606-9200 PRESS RELEASE FOR RELEASE October 24, 2024 McGrath Announces Results for Third Quarter 2024 Livermore, CA - October 24, 2024 – McGrath RentCorp ("McGrath" or the "Company") (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended September 30, 2024 of $266.8 million ...

The company won't be acquired after all. In its 45-year history, McGrath RentCorp (MGRC -3.13%) has had many encouraging pieces of news to report to its shareholders and the world at large. Unfortunately for the business-to-business equipment rental specialist, its top news item on Wednesday wasn't so positive. On the back of that, investors traded out of the stock to leave it with an over 3% decline in price. This was a more pronounced slide than the 0.3% dip of the S&P 500 index on the day. Merger deal te ...

TRS-RenTelco a McGRATH TRS RenTelco- VERSIV - 20000 PAGE 32 % McGRATH JULY 25, 2024 Q2 2024 Quarterly Investor Presentation Safe Harbor Statements contained in this presentation which are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, regarding McGrath's (the "Company's") expectations, strategies, prospects or targets are forward-looking statements. These forward-lookin ...

McGrath RentCorp (NASDAQ:MGRC) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Marc Riddick - Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Second Quarter 2024 Earnings Call. At this time, all conference participants are in a listen-only mode. Later, we will conduct a question-and-answer sessi ...

McGrath, which belongs to the Zacks Financial - Leasing Companies industry, posted revenues of $212.61 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.13%. This compares to year-ago revenues of $203.03 million. The company has topped consensus revenue estimates four times over the last four quarters. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves ...

operations. Changes in accounting standards and their application may have a significant effect on our reported results on a going-forward basis and may also affect the recording and disclosure of previously reported transactions. New accounting pronouncements and varying interpretations of accounting pronouncements have occurred in the past and may occur in the future. Changes to existing rules or the questioning of current practices may adversely affect our reported financial results or the way we conduct ...

10 Management uses Adjusted EBITDA as a supplement to GAAP measures to further evaluate period-to-period operating performance, compliance with financial covenants in the Company's revolving lines of credit and senior notes and the Company's ability to meet future capital expenditure and working capital requirements. Management believes the exclusion of non-cash charges and non-recurring transactions, including share-based compensation, transaction costs and gains on property sales is useful in measuring th ...