McGrath Q3 2026 net income rises 15% to $48.8 million
Bitget2026/10/28 20:02- McGrath’s third-quarter 2026 diluted earnings per share rose 16% year over year to $2.
- Total revenues climbed 7% to $274.6 million, primarily driven by higher rental operations.
- TRS-RenTelco continued benefiting from projects supporting new data centers, prompting additional rental fleet investments.
- The 2026 total revenues outlook fell to $945 million–$960 million due to lower Mobile Modular new equipment sales.
- Gross rental equipment capital expenditure guidance for 2026 increased to $270 million–$290 million to support Mobile Modular and TRS-RenTelco rental momentum.
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