McGrath: Q4 Earnings Snapshot

Associated Press Finance
20 Feb

LIVERMORE, Calif. (AP) — LIVERMORE, Calif. (AP) — McGrath RentCorp (MGRC) on Wednesday reported profit of $38.9 million in its fourth quarter.

On a per-share basis, the Livermore, California-based company said it had net income of $1.58.

The business-to-business rental company posted revenue of $243.7 million in the period.

For the year, the company reported profit of $231.7 million, or $9.43 per share. Revenue was reported as $910.9 million.

McGrath expects full-year revenue in the range of $920 million to $970 million.

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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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