$-0.07 EPS Expected for General Finance Corporation (GFN)

August 29, 2017 - By Max Morgan


Investors sentiment decreased to 0.73 in Q4 2016. Its down 0.41, from 1.14 in 2016Q3. It is negative, as 6 investors sold General Finance Corporation shares while 5 reduced holdings. 4 funds opened positions while 4 raised stakes. 3.03 million shares or 8.52% less from 3.31 million shares in 2016Q3 were reported.
Goldman Sachs Grp Incorporated has invested 0% in General Finance Corporation (NASDAQ:GFN). Raymond James Incorporated holds 0% or 19,500 shares in its portfolio. Deutsche National Bank & Trust Ag owns 0% invested in General Finance Corporation (NASDAQ:GFN) for 8,642 shares. Millennium Management Limited Company accumulated 12,218 shares or 0% of the stock. M&T Commercial Bank Corporation owns 25,000 shares. Vanguard Grp has 71,538 shares. Bard Associate has invested 0.46% in General Finance Corporation (NASDAQ:GFN). Caprock Grp Inc holds 0.02% in General Finance Corporation (NASDAQ:GFN) or 11,000 shares. First Wilshire Mngmt holds 45,291 shares. Gagnon Advsr Limited has 1.86 million shares. Renaissance Tech Ltd, New York-based fund reported 28,696 shares. Whittier Trust has invested 0.01% of its portfolio in General Finance Corporation (NASDAQ:GFN). North Star Investment Mngmt Corp reported 149,375 shares. Texas-based Bridgeway Mngmt has invested 0.02% in General Finance Corporation (NASDAQ:GFN). Bank Of America Corporation De reported 0% stake.

Since March 8, 2017, it had 0 insider purchases, and 1 sale for $30,729 activity. The insider Baker Gregory B sold 6,085 shares worth $30,729.

Wall Street await General Finance Corporation (NASDAQ:GFN) to release earnings on September, 5. Analysts forecast EPS of $-0.07, up exactly $0.01 or 12.50 % from 2014’s $-0.08 EPS. After posting $-0.08 EPS for the previous quarter, General Finance Corporation’s analysts now forecast -12.50 % EPS growth. The stock increased 1.06% or $0.05 on August 28, reaching $4.75. About shares traded. General Finance Corporation (NASDAQ:GFN) has risen 16.47% since August 29, 2016 and is uptrending. It has underperformed by 0.23% the S&P500.

General Finance Corporation (NASDAQ:GFN) Ratings Coverage

Among 3 analysts covering General Finance Corporation (NASDAQ:GFN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. General Finance Corporation had 3 analyst reports since September 9, 2015 according to SRatingsIntel. The rating was downgraded by Oppenheimer to “Perform” on Monday, September 21. The company was initiated on Tuesday, February 21 by Singular Research.

General Finance Corporation is a specialty rental services company. The company has market cap of $125.59 million. The Firm 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 currently has negative earnings. It has two geographic areas that include its four operating divisions: the Asia-Pacific area, consisting of the leasing activities of Royal Wolf Holdings Limited and its Australian and New Zealand subsidiaries , and North America, consisting of the combined leasing activities of Pac-Van, Inc. and its Canadian subsidiary, PV Acquisition Corp. (Pac-Van) and Lone Star Tank Rental Inc. (Lone Star), and the manufacturing activities of GFN Manufacturing Corporation and its subsidiary, Southern Frac, LLC (Southern Frac).

More news for General Finance Corporation (NASDAQ:GFN) were recently published by: Reuters.com, which released: “BRIEF-General Finance Corporation reports Q3 loss per share $0.08” on May 10, 2017. Globenewswire.com‘s article titled: “General Finance Corporation to Announce Fourth Quarter and Fiscal Year 2017 …” and published on August 22, 2017 is yet another important article.

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