Mobile Mini Inc (MINI) Releases Earnings Results, Reports EPS of $0.28 EPS

Mobile Mini Inc (MINI) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $0.28 EPS for the quarter. Analysts had a consensus estimate of $0.28. The company posted revenue of $124.50 million in the period, compared to analysts expectations of $126.18 million. The company’s revenue was down -5.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.28 EPS.

Many Wall Street Analysts have commented on Mobile Mini Inc. Mobile Mini Inc was Downgraded by Sun Trust Rbsn Humphrey to ” Neutral” on Apr 21, 2016. Shares were Reiterated by Needham on Mar 7, 2016 to “Buy” and Lowered the Price Target to $ 37 from a previous price target of $45 .Shares were Reiterated by Oppenheimer on Feb 8, 2016 to “Outperform” and Lowered the Price Target to $ 33 from a previous price target of $41 .

Mobile Mini Inc opened for trading at $32.88 and hit $33.2 on the upside on Wednesday, eventually ending the session at $33, with a gain of 0.24% or 0.08 points. The heightened volatility saw the trading volume jump to 2,72,353 shares. Company has a market cap of $1,475 M.

In a different news, on Feb 11, 2016, Stephen A Mcconnell (director) purchased 1,000 shares at $25.00 per share price. According to the SEC, on Dec 15, 2015, Michael L Watts (director) purchased 15,386 shares at $31.46 per share price. On Aug 21, 2015, Kelly M Williams (Executive V.P. Operations) purchased 1,500 shares at $33.07 per share price, according to the Form-4 filing with the securities and exchange commission.

Mobile Mini Inc. is a provider of portable storage solutions. The Company’s business comprises of two product categories which include portable storage solutions and specialty containment solutions. Portable storage solutions consist of container and office product offerings. The Company offers a range of portable storage products with features such as locking systems doors electrical wiring and shelving. Its portable storage includes steel storage containers steel security office and steel combination offices and wood mobile offices. The specialty containment products are offered through Evergreen Tank Solutions to the customers through 24 locations in North America and consist of liquid and solid containment units pumps and filtration equipment. The Company’s fleet of steel tanks offers acid steel tanks gas buster steel tanks and open top steel tanks. Additionally it provides an offering to its customers of value-added services for managing liquid and solid waste.

Mobile Mini Inc

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