Mobile Mini Inc (MINI) Releases Earnings Results, Misses Expectations By $-0.05 EPS

Mobile Mini Inc (MINI) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.25 earnings per share for the quarter, missing the analyst consensus estimate by $-0.05. Analysts had a consensus of $0.30. The company posted revenue of $124.84 million in the period, compared to analysts expectations of $128.83 million. The company’s revenue was down -4.2% 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 KeyBanc Capital Mkts to ” Sector Weight” on Jul 25, 2016.

Mobile Mini Inc closed down -2.43 points or -6.98% at $32.38 with 6,59,639 shares getting traded on Thursday. Post opening the session at $33.9, the shares hit an intraday low of $31.44 and an intraday high of $33.9 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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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