United Rentals misses third-quarter profit estimates on lower margins
United Rentals missed third-quarter profit estimates on Wednesday, on lower margins across all of the equipment rental company's segments.
United Rentals' Q3 Earnings & Revenues Miss Estimates, Stock Down
United Rentals, Inc. URI witnessed a 2.8% dip in its shares during the after-hours trading yesterday, following the release of its third-quarter 2024 results. The company’s earnings per share (EPS) and revenues fell short of the Zacks Consensus Estimate.
United Rentals reports Q3 adjusted EPS $11.80, consensus $12.48
Reports Q3 revenue $3.992B, consensus $4.01B. Matthew Flannery, chief executive officer of United Rentals (URI), said, “We were pleased
United Rentals: Q3 Earnings Snapshot
The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $12.49 per share. The equipment rental company posted revenue of $3.99 billion in the period, matching Street forecasts.
United Rentals (URI) Q3 Earnings and Revenues Lag Estimates
United Rentals (URI) came out with quarterly earnings of $11.80 per share, missing the Zacks Consensus Estimate of $12.49 per share. This compares to earnings of $11.73 per share a year ago. These figures are adjusted for non-recurring items.
United Rentals (URI) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ETCompany ParticipantsMatthew Flannery - President, Chief
United Rentals: Hold Rating Amid EBITDA Shortfall and Decelerating Fleet Productivity
In a report released yesterday, Angel Castillo from Morgan Stanley maintained a Hold rating on United Rentals (URI – Research Report), ...
United Rentals (NYSE:URI) Reports Q3 In Line With Expectations
Equipment rental company United Rentals (NYSE:URI) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 6% year ...
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United Rentals, Inc.
United Rentals, Inc. engages in the equipment rental business. It operates through the General Rentals and Specialty segments. The General Rentals segment includes the rental of ...
United Rentals: Positioned for Long-Term Growth Amid Short-Term Challenges
Bank of America Securities analyst Michael Feniger reiterated a Buy rating on United Rentals (URI – Research Report) today and set a ...
What To Expect From United Rentals’s (URI) Q3 Earnings
Equipment rental company United Rentals (NYSE:URI) will be announcing earnings results tomorrow after market hours. Here’s ...
Raleigh Capital Management Inc. Purchases 30 Shares of United Rentals, Inc. (NYSE:URI)
Raleigh Capital Management Inc. grew its position in United Rentals, Inc. (NYSE:URI – Free Report) by 61.2% in the third ...
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United Rentals Declares Quarterly Cash Dividend
United Rentals, Inc. (NYSE: URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock ...
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United Rentals Continues to Redefine the Rental Business Model
United Rentals is investing in its digital ecosystem ... “But getting the industry to shift — to start using digital to off rent equipment using the mobile app — [can lead] them to ...
Herc reports 3Q, says organic growth and acquisitions helped revenue
Herc sees Milton, Helene adding to 4Q. The equipment rental company narrowed its forecast for 2024, excluding Cinelease, which is held for sale.