McGrath (MGRC) Q2 Earnings and Revenues Top Estimates

Group 1: Earnings Performance - McGrath reported quarterly earnings of $1.46 per share, exceeding the Zacks Consensus Estimate of $1.3 per share, and up from $1.2 per share a year ago, representing an earnings surprise of +12.31% [1] - The company posted revenues of $235.62 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 6.79%, compared to year-ago revenues of $212.61 million [2] - Over the last four quarters, McGrath has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - McGrath shares have increased by about 2.9% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is $1.99 on revenues of $279.27 million, and for the current fiscal year, it is $6.19 on revenues of $953.21 million [7] Group 3: Industry Context - The Financial - Leasing Companies industry, to which McGrath belongs, is currently in the top 5% of over 250 Zacks industries, indicating strong performance potential [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact McGrath's stock performance [5][6]