General Finance Corporation(NASDAQ:GFN) announced the earnings results for Fiscal Year 2017 and Q2. The results came in during Pre-Market on Feb 6, 2017. Company reported revenue of $72.327M. Analysts estimated a revenue of $74.250M. The revenues were -2.59% below the estimates. Earnings per share were $-0.02. The reported EPS was above estimates by 50%. Analysts had estimated an EPS of $-0.04.
General Finance Corporation (GFN) shares turned negative on Tuesdays trading session with the shares closing down -0.25 points or -4.67% at a volume of 1,491. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $5.3. The peak price level was also seen at $5.3 while the days lowest was $5.05. Finally the shares closed at $5.1. The 52-week high of the shares is $5.9 while the 52-week low is $3.5. According to the latest information available, the market cap of the company is $134 M.
Several Insider Transactions has been reported to the SEC. On Jan 18, 2017, Neil Gagnon (10% owner) sold 14,617 shares at $5.01 per share price.Also, On Dec 7, 2016, Ronald Valenta (CEO) purchased 6,156 shares at $4.11 per share price.On Nov 10, 2016, James B Roszak (director) purchased 5,475 shares at $4.15 per share price, according to the Form-4 filing with the securities and exchange commission.
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 which include the Asia-Pacific (Pan-Pacific) area and North America. Its geographic areas include four operating segments: Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries (Royal Wolf) Pac-Van Inc. and its Canadian subsidiary PV Acquisition Corp. (Pac-Van) Lone Star Tank Rental Inc. (Lone Star) and GFN Manufacturing Corporation and its subsidiary Southern Frac LLC (Southern Frac). It offers portable storage modular space and liquid containment solutions with a lease fleet of approximately 72856 units. It provides its storage solutions to over 35000 customers across a range of industries including commercial construction retail education and government.