United Rentals(URI)
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Here's Why United Rentals (URI) is a Strong Value Stock
ZACKS· 2024-06-04 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several 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 includes access to the Zacks Style Scores ...
United Rentals (URI) Stock Surges 92% in a Year: Here's Why
zacks.com· 2024-05-29 18:06
United Rentals, Inc.'s (URI) stock surged 91.8% in the past year compared with the Zacks Building Products - Miscellaneous industry's 52% growth and S&P 500 index's 26.2% rise. The company's focus on rental business, solid infrastructure and non-residential sectors demand, and acquisitions are making it more attractive among its peers. High Infrastructural Investment: United Rentals is capitalizing on robust global shifts toward infrastructure modernization, energy transition, and heightened national securi ...
Here's Why United Rentals (URI) is a Strong Momentum Stock
zacks.com· 2024-05-17 14:56
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days. Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is b ...
Equipment Rentals Aids United Rentals (URI) in Q1 Earnings
Zacks Investment Research· 2024-04-26 18:05
United Rentals, Inc. (URI) witnessed a surge of 5.5% in its stock on Apr 25 trading session, following the release of its favorable first-quarter 2024 reports on Apr 24, 2024. This increase occurred despite broader indexes experiencing declines attributed to slower-than-expected GDP growth and increasing consumer prices.This largest equipment rental company reported first-quarter adjusted earnings per share of $9.15, ahead of the consensus mark by 9.6%, and total revenues were also modestly ahead of the mar ...
United Rentals (URI) Stock Up on Q1 Earnings & Revenue Beat
Zacks Investment Research· 2024-04-25 17:55
United Rentals, Inc. (URI) witnessed a 2.3% increase in its shares during the after-hours trading session on Apr 24, following the release of its impressive first-quarter 2024 results. The company surpassed the Zacks Consensus Estimate for both earnings and revenues, with notable year-over-year growth.The company demonstrated significant revenue growth, particularly in its Equipment Rentals segment, which is its primary revenue source. This segment experienced a robust 6.9% growth, reflecting a high level o ...
United Rentals(URI) - 2024 Q1 - Earnings Call Transcript
2024-04-25 15:09
United Rentals, Inc. (NYSE:URI) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Matthew Flannery - President and CEO William Ted Grace - EVP and CFO Conference Call Participants Steven Fisher - UBS Stanley Elliot - Stifel Ken Newman - KeyBanc Capital Markets Operator Good morning and welcome to the United Rentals Investor Conference call. Please be advised that this call is being recorded. Before we begin, please note that the company's press release, comments made on today's ...
United Rentals (URI) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-25 00:01
United Rentals (URI) reported $3.49 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 6.1%. EPS of $9.15 for the same period compares to $7.95 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.41 billion, representing a surprise of +2.11%. The company delivered an EPS surprise of +9.58%, with the consensus EPS estimate being $8.35.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
United Rentals(URI) - 2024 Q1 - Quarterly Results
2024-04-24 20:29
Exhibit 99.1 United Rentals, Inc. 100 First Stamford Place, Suite 700 Stamford, CT 06902 Telephone: 203 622 3131 unitedrentals.com United Rentals Announces Record First Quarter Results and Raises 2024 Guidance to Reflect the Acquisition of Yak STAMFORD, Conn. – April 24, 2024 – United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 2024 and raised its full-year 2024 guidance to include the expected financial contribution from the company's acquisition of Yak on March 15, ...
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 ...