United Rentals (URI) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - United Rentals (URI) is expected to report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with earnings anticipated at $11.77 per share and revenues at $3.94 billion, reflecting increases of 4.5% and 5.7% respectively [3]. Earnings Expectations - The upcoming earnings report is scheduled for January 29, and the stock price may rise if actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 0.38% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for United Rentals is lower than the consensus estimate, resulting in an Earnings ESP of -4.37%, which indicates a bearish outlook [10][11]. - A positive Earnings ESP is generally a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Historical Performance - In the last reported quarter, United Rentals had an earnings expectation of $12.49 per share but delivered only $11.80, resulting in a surprise of -5.52% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Conclusion - United Rentals does not currently appear to be a strong candidate for an earnings beat, and investors should consider other factors when making decisions regarding this stock ahead of the earnings release [16].