General Finance (NASDAQ:GFN) issued its quarterly earnings results on Wednesday. The business services provider reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05, Morningstar.com reports. General Finance had a net margin of 0.38% and a return on equity of 11.68%. The firm had revenue of $96.21 million during the quarter, compared to the consensus estimate of $96.15 million. General Finance updated its FY 2020 guidance to EPS.
Shares of General Finance stock opened at $9.07 on Friday. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.62 and a quick ratio of 1.08. General Finance has a fifty-two week low of $6.95 and a fifty-two week high of $16.15. The firm has a fifty day moving average price of $7.76 and a two-hundred day moving average price of $8.53. The company has a market cap of $217.93 million, a PE ratio of 17.98, a price-to-earnings-growth ratio of 1.00 and a beta of 1.53.
A number of analysts have weighed in on the stock. ValuEngine downgraded shares of General Finance from a “hold” rating to a “sell” rating in a report on Thursday, September 5th. Zacks Investment Research downgraded shares of General Finance from a “buy” rating to a “hold” rating in a report on Monday, July 15th.
About General Finance
General Finance Corporation, a specialty rental services company, provides portable storage, modular space, and liquid containment solutions in North America and the Asia-Pacific regions. Its portable storage products include storage containers used in classroom equipment storage, construction equipment and tool storage, disaster shelters, landscaping sheds, recreational equipment storage, and retail inventory storage applications; and freight containers used in freight transportation by road and rail.
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