McGrath (MGRC) Misses Q2 Earnings Estimates

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 ...