United Rentals(URI)
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United Rentals(URI) - 2024 Q1 - Quarterly Report
2024-04-24 20:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-14387 Commission File Number 1-13663 ___________________________________ Tab ...
Things to Consider Before United Rentals' (URI) Q1 Earnings
Zacks Investment Research· 2024-04-22 16:00
United Rentals, Inc. (URI) is scheduled to report first-quarter 2024 results on Apr 24, after market close.In the last reported quarter, United Rentals’ adjusted earnings and revenues topped the Zacks Consensus Estimate by 3.8% and 2.8%, respectively. This largest equipment rental company’s fourth-quarter 2023 adjusted earnings and revenues grew 15.6% and 13.1% year over year, respectively.Markedly, its earnings surpassed expectations in three of the trailing four quarters and missed on other occasions, wit ...
Here's Why United Rentals (URI) is a Strong Growth Stock
Zacks Investment Research· 2024-04-12 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alon ...
Here's Why United Rentals (URI) Fell More Than Broader Market
Zacks Investment Research· 2024-04-04 23:20
United Rentals (URI) closed the latest trading day at $693.83, indicating a -1.74% change from the previous session's end. This change lagged the S&P 500's daily loss of 1.23%. Elsewhere, the Dow lost 1.36%, while the tech-heavy Nasdaq lost 1.4%.Shares of the equipment rental company have appreciated by 4.33% over the course of the past month, outperforming the Construction sector's gain of 3.17% and the S&P 500's gain of 1.61%.Analysts and investors alike will be keeping a close eye on the performance of U ...
Are You Looking for a Top Momentum Pick? Why United Rentals (URI) is a Great Choice
Zacks Investment Research· 2024-04-04 17:02
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Why United Rentals (URI) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-04-04 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks ...
Will United Rentals (URI) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-02 17:16
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider United Rentals (URI) . This company, which is in the Zacks Building Products - Miscellaneous industry, shows potential for another earnings beat.This equipment rental company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...
United Rentals (URI) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-18 23:20
In the latest market close, United Rentals (URI) reached $683.61, with a +1.19% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.63%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Shares of the equipment rental company have appreciated by 3.89% over the course of the past month, underperforming the Construction sector's gain of 5.28% and outperforming the S&P 500's gain of 1.76%.Analysts and investors alike will be ke ...
United Rentals Completes Acquisition of Yak Access
Businesswire· 2024-03-15 20:15
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has completed its previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity for approximately $1.1 billion in cash. The transaction and related expenses were funded through a combination of newly issued senior unsecured notes and existing capacity under the company’s ABL facility. ...
Why United Rentals (URI) Outpaced the Stock Market Today
Zacks Investment Research· 2024-03-12 23:21
In the latest trading session, United Rentals (URI) closed at $675.49, marking a +1.68% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.12%. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.Shares of the equipment rental company witnessed a gain of 0.12% over the previous month, trailing the performance of the Construction sector with its gain of 6.92% and the S&P 500's gain of 2.06%.The investment community will be pay ...