United Rentals (URI 12.46%) shares powered 12.4% higher through 12:45 p.m. ET on Thursday after the lessor of construction and general industrial equipment reported better-than-expected sales for the quarter -- and better earnings as well.Heading into the Q4 2023 report, Wall Street analysts forecast that United Rentals would earn $10.93 per share, adjusted for one-time items, on quarterly revenue of $3.6 billion. As it turned out, United Rentals earned $11.26 per share as revenue came in ahead of expectati ...

United Rentals, Inc. (NYSE:URI) Q4 2023 Earnings Conference Call January 25, 2024 8:30 AM ET Company Participants Matthew J. Flannery - President and CEO William Ted Grace - EVP and CFO Conference Call Participants David Raso - Evercore ISI Robert Wertheimer - Melius Research Jerry Revich - Goldman Sachs Michael Feniger - Bank of America Timothy Thein - Citigroup Steven Fisher - UBS Seth Weber - Wells Fargo Nicole DeBlase - Deutsche Bank Ken Newman - KeyBanc Capital Markets Scott Schneeberger - Oppenheimer ...

United Rentals, Inc.’s (URI) shares gained 4% in the after-hours trading session on Jan 24 after it reported impressive fourth-quarter 2023 results. Its earnings and revenues beat the Zacks Consensus Estimate and increased on a year-over-year basis.The upside was mainly driven by sustained growth across the business, profitability and returns, underpinned by broad-based activity.Moreover, URI has provided strong guidance for 2024, given the strength of the present market condition and the multi-year tailwin ...

Organic Growth • Targeting 50+ specialty cold-starts in 2024 vs. 49 in 2023 Share Repurchases • New authorization: $1.5B share repurchase program approved by Board of Directors on January 24, 2024. Expect to begin repurchases under the new authorization in 1Q2024 and complete $1.5B of total repurchases in 2024 ($250 million under current authorization and $1.25B under new authorization), with the remaining $250 million of the new authorization to be completed by the end of the first quarter of 2025 (1) Base ...

United Rentals (URI) reported $3.73 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 13.1%. EPS of $11.26 for the same period compares to $9.74 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.63 billion, representing a surprise of +2.76%. The company delivered an EPS surprise of +3.78%, with the consensus EPS estimate being $10.85.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

United Rentals (URI) came out with quarterly earnings of $11.26 per share, beating the Zacks Consensus Estimate of $10.85 per share. This compares to earnings of $9.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.78%. A quarter ago, it was expected that this equipment rental company would post earnings of $11.32 per share when it actually produced earnings of $11.73, delivering a surprise of 3.62%.Over the last four quart ...

United Rentals, Inc. (URI) is scheduled to report fourth-quarter 2023 results on Jan 24, after market close.In the last reported quarter, United Rentals’ adjusted earnings and revenues topped the Zacks Consensus Estimate by 3.6% and 2.3%, respectively. This largest equipment rental company’s third-quarter 2023 adjusted earnings and revenues grew 26.5% and 23.4% year over year, respectively.Markedly, its earnings surpassed expectations in two of the trailing four quarters and missed on other two occasions, w ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________________________________________________ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-14387 United Rentals, Inc. Commission File Number 1-13663 United Rental ...

Wall Street analysts expect United Rentals (URI) to post quarterly earnings of $10.85 per share in its upcoming report, which indicates a year-over-year increase of 11.4%. Revenues are expected to be $3.63 billion, up 10.1% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earni ...

United Rentals (URI) closed the most recent trading day at $550.32, moving -1.93% from the previous trading session. This move lagged the S&P 500's daily loss of 0.56%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.59%.Shares of the equipment rental company witnessed a loss of 2.28% over the previous month, trailing the performance of the Construction sector with its loss of 1.43% and the S&P 500's gain of 1.2%.Market participants will be closely following the financial results o ...