() United Rentals* Second Quarter 2024 Investor Presentation () United Rentals: Work United® Introductory information Unless otherwise specified, the information in this presentation, including forward-looking statements, is as of our most recent earnings call held on July 25, 2024. We make no commitment to update any such information contained in this presentation. Certain statements in this presentation are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 ...

United Rentals, Inc. (NYSE:URI) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Matthew Flannery - President and CEO William Ted Grace - EVP and CFO Conference Call Participants David Raso - Evercore ISI Robert Wertheimer - Melius Research Timothy Thein - Raymond James Jamie Cook - Truist Securities Jerry Revich - Goldman Sachs Michael Feniger - Bank of America Tami Zakaria - JPMorgan Kyle Menges - Citigroup Angel Castillo - Morgan Stanley Steven Fisher - UBS Neil Tyler - Redb ...

The reported revenue compares to the Zacks Consensus Estimate of $3.77 billion, representing a surprise of -0.02%. The company delivered an EPS surprise of +2.10%, with the consensus EPS estimate being $10.48. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Revenues- Equipment rentals: $3.22 billion compared to the $3.20 billion aver ...

United Rentals, Inc. 100 First Stamford Place, Suite 700 Stamford, CT 06902 Telephone: 203 622 3131 unitedrentals.com United Rentals Announces Record Second Quarter Results and Reaffirms Mid-Points of 2024 Guidance Second Quarter 2024 Highlights 2 1 2024 Outlook The company has narrowed the outlook ranges for revenue and adjusted EBITDA , and has reaffirmed the mid-points of its 2024 outlook, as reflected below. 7 6 6 Exhibit 99.1 1 STAMFORD, Conn. – July 24, 2024 – United Rentals, Inc. (NYSE: URI) today an ...

defined in the applicable debt agreements) and usage of the ABL facility as of June 30, 2024, we met the criteria under the applicable debt agreements for these exceptions, and as a result we were not restricted in our ability to make share repurchases and dividend payments. Sources and Uses of Cash. During the six months ended June 30, 2024, we (i) generated cash from operating activities of $2.294 billion, (ii) generated cash from the sale of rental and non-rental equipment of $778 and (iii) received cash ...

United Rentals stock has gained 12.8% year to date, outperforming the Zacks Building Products - Miscellaneous industry's 4.9% growth. The company has been gaining from the sustained demand in its end markets and the strength of its core rental business. The Zacks Consensus Estimate has witnessed an uptrend over the past 30 days as analysts raised their estimates. Over the said time frame, the Zacks Consensus Estimate for 2024 earnings increased to $44.01 from $43.71 per share. The estimated figure calls for ...

Company Overview - United Rentals, Inc. is the largest equipment rental company globally, with an integrated network of 1,600 rental locations across the United States, Canada, Europe, Australia, and New Zealand [10] - The company operates in 49 U.S. states and every Canadian province, offering 4,800 classes of equipment for rent, with a total original equipment cost (OEC) of $20.6 billion as of March 31, 2024 [10] Financial Performance - Equipment rentals accounted for 84% of total revenues in 2023 [10] - United Rentals has a Growth Style Score of B, forecasting year-over-year earnings growth of 7.7% for the current fiscal year [11] - The Zacks Consensus Estimate for fiscal 2024 has increased by $0.69 to $43.88 per share, with six analysts revising their earnings estimates higher in the last 60 days [11] - The company boasts an average earnings surprise of 6% [11] Investment Potential - United Rentals is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating solid performance potential [11][12] - With a strong Zacks Rank and top-tier Growth and VGM Style Scores, United Rentals is suggested to be a top pick for growth investors [12]

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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 ...

Group 1: Zacks Style Scores Overview - Zacks Style Scores are complementary indicators that rate stocks based on value, growth, and momentum characteristics, helping investors identify stocks with the best chances of outperforming the market over the next 30 days [2][3] - Each stock is assigned a rating of A, B, C, D, or F based on its characteristics, with A being the highest score indicating the best chance of outperforming [3] Group 2: Value Score - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors looking for good stocks at good prices [3] Group 3: Growth Score - The Growth Score focuses on a stock's future prospects and financial health, analyzing projected and historic earnings, sales, and cash flow to find stocks with sustainable growth potential [4] Group 4: Momentum Score - The Momentum Score is designed for traders who capitalize on price trends, using factors like one-week price change and monthly earnings estimate changes to indicate favorable times to invest in high-momentum stocks [5] Group 5: VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, providing a comprehensive rating to help investors find companies with attractive value, strong growth forecasts, and promising momentum [6] Group 6: Zacks Rank and Performance - The Zacks Rank utilizes earnings estimate revisions to help investors create successful portfolios, with 1 (Strong Buy) stocks producing an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] - There are over 800 top-rated stocks available, including more than 200 with a Strong Buy rank and 600 with a Buy rank, which can be overwhelming for investors [8] Group 7: Stock to Watch - United Rentals (URI) - United Rentals, Inc. is the largest equipment rental company globally, operating 1,600 rental locations across multiple countries, with an original equipment cost of $20.6 billion as of March 31, 2024 [12] - Equipment rentals accounted for 84% of total revenues in 2023, indicating a strong reliance on this segment [12] - URI has a Zacks Rank of 3 (Hold) and a VGM Score of A, with a Momentum Style Score of B, and shares have increased by 7.6% over the past four weeks [13] - Six analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.79 to $43.71 per share, and URI has an average earnings surprise of 6% [13][14]