Skip to main content
MGRCMcGrath RentCorpSell5.2·$118.78

McGrath RentCorp (MGRC) Q3 2026 earnings — TrendMatrix coverage

BEAT+8.3% vs estimateEPS $2.00 vs $1.85 estVerdict Buy (Wait) → Sell

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$2.00
Estimate
$1.85
Surprise
+8.3%
Revenue (period 2026-09-30)
$274.6M
Score at report (before → after)
5.0 → 5.2/10

Revenue source: xbrl.

Report record · Q3 2026

How the report landed

McGrath RentCorp (MGRC) beat the $1.85 estimate with adjusted EPS of $2.00 — a clear 8.3% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.0/10) to Sell at 5.2/10 after the report.

Around the report

Coverage in the report window

  • McGrath RentCorp Lowers FY2026 Sales Guidance from $955.000M-$985.000M to $945.000M-$960.000M vs $965.574M Est — benzinga, 2026-10-28
Current read · as of 2026-10-29

Where TrendMatrix's rating stands now

TrendMatrix currently rates MGRC Sell at 5.2/10.

2 of the last 4 quarters beat the estimate; this quarter's +8.3% surprise compares with a +3.7% four-quarter average.

What supports the rating

  • Positive momentum

What argues against it

  • Thin upside margin: 6.5%
  • Sector modifier (Industrials): -0.7
  • Consecutive earnings misses (2)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$118.78
Price target
$126.50
Stop
$113.66
Upside to target
+6.5%
Reward-to-risk
1.0:1

At 19.1× trailing and 17.1× forward earnings, consensus estimates imply little change in earnings power.

Risk check: trading volume is running 1.8× its average — elevated turnover around the report window.

Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.

Industrials context

MGRC at TrendMatrix's latest read

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry
Rental & Leasing Services
Market cap
$2.90B
P/E (fwd)
17.1
P/E (ttm)
19.1
52-week range
$94.99–$125.83
Off 52-week high
5.6%
RSI (14)
69
Volume vs avg
1.83×
Score today
5.2/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

Home › Stocks › MGRC › Earnings › Q3 2026 earnings