Equities analysts forecast that General Finance Co. (NASDAQ:GFN) will post earnings of ($0.08) per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for General Finance’s earnings. The highest EPS estimate is ($0.04) and the lowest is ($0.12). General Finance also posted earnings of ($0.08) per share in the same quarter last year. The company is scheduled to report its next earnings report on Wednesday, May 9th.

On average, analysts expect that General Finance will report full year earnings of ($0.13) per share for the current year, with EPS estimates ranging from ($0.24) to ($0.02). For the next fiscal year, analysts forecast that the business will post earnings of ($0.04) per share, with EPS estimates ranging from ($0.15) to $0.08. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow General Finance.

General Finance (NASDAQ:GFN) last released its quarterly earnings data on Tuesday, February 6th. The business services provider reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.12. General Finance had a net margin of 0.18% and a return on equity of 0.39%. The company had revenue of $92.13 million for the quarter, compared to analysts’ expectations of $78.80 million.

A number of analysts have weighed in on the stock. DA Davidson reissued a “buy” rating on shares of General Finance in a report on Wednesday. Zacks Investment Research raised shares of General Finance from a “sell” rating to a “hold” rating in a report on Friday, November 17th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.20.

General Finance (NASDAQ:GFN) traded up $0.20 during mid-day trading on Friday, reaching $7.40. 29,314 shares of the company’s stock were exchanged, compared to its average volume of 34,211. The company has a current ratio of 1.59, a quick ratio of 1.05 and a debt-to-equity ratio of 3.88. General Finance has a 12 month low of $4.50 and a 12 month high of $7.50. The firm has a market capitalization of $192.40, a PE ratio of -67.27 and a beta of 1.19.

Several institutional investors have recently made changes to their positions in GFN. Citadel Advisors LLC acquired a new position in shares of General Finance in the 2nd quarter valued at $134,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of General Finance by 6.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 31,300 shares of the business services provider’s stock valued at $161,000 after acquiring an additional 1,900 shares during the period. Litman Gregory Asset Management LLC acquired a new position in shares of General Finance in the 3rd quarter valued at $120,000. Finally, Valeo Financial Advisors LLC acquired a new position in shares of General Finance in the 3rd quarter valued at $754,000. 27.25% of the stock is currently owned by institutional investors and hedge funds.

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General Finance Company Profile

General Finance Corporation is a specialty rental services company. The Company offers a range of portable storage units, including its core 20-feet and 40-feet steel containers, office container, mobile office and modular space products and steel tanks. It has two geographic areas that include its four operating segments: the Asia-Pacific area, consisting of the leasing operations of Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries (Royal Wolf), and North America, consisting of the combined leasing operations of Pac-Van, Inc and its Canadian subsidiary, PV Acquisition Corp.

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