Earnings Review: Mobile Mini Inc. (NASDAQ: MINI)

Chastity Messenger

I am Chastity Messenger and I give “Import Tourism” an insight into the most recent news hitting the “Consumer Goods” sector in Wall Street.

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.

Address: 4437 Yorkshire Circle, Greenville, NC 27834, USA
Phone: (+1) 252-274-1912
Email: chastitymessenger@importtourism.com
Chastity Messenger

PHOENIX, June 29, 2019 – Shares of Mobile Mini Inc. (NASDAQ: MINI) inclined 1.91% to $30.43. The stock traded total volume of 1.32M shares higher than the average volume of 309.80K shares.

Mobile Mini Inc. (MINI) reported first-quarter net income of $18.10M.

Total revenues were $149.70M and rental revenues were $142.20M, as contrast to $140.70M and $132.30M, respectively, for the same period last year. Rental revenues for the Storage Solutions and Tank & Pump Solutions businesses for the current quarter were $112.70M and $29.40M, respectively, contrast to $106.90M and $25.50M, respectively, for the same period last year.

The Company realized net income of $18.10M, or $0.40 per diluted share, in the first quarter of 2019. On an adjusted basis, first quarter net income was $18.20M, or $0.41 per diluted share, as contrast to adjusted net income of $14.90M, or $0.33 per diluted share, for the first quarter of 2018. Adjusted EBITDA was $56.20M and adjusted EBITDA margin was 37.6% for the first quarter of 2019.

MINI has the market capitalization of $1.36B and its EPS growth ratio for the past five years was -18.50%. The return on assets ratio of the Company was -0.20% while its return on investment ratio stands at 1.90%. Price to sales ratio was 2.25.

Chastity Messenger

Chastity Messenger

I am Chastity Messenger and I give “Import Tourism” an insight into the most recent news hitting the “Consumer Goods” sector in Wall Street. I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 4437 Yorkshire Circle, Greenville, NC 27834, USA Phone: (+1) 252-274-1912 Email: chastitymessenger@importtourism.com