United Rentals(US:URI) ZACKS·2025-01-30 01:01Core Insights - United Rentals (URI) reported revenue of $4.1 billion for the quarter ended December 2024, reflecting a year-over-year increase of 9.8% [1] - The earnings per share (EPS) for the quarter was $11.59, up from $11.26 in the same quarter last year, although it fell short of the consensus estimate of $11.77 by 1.53% [1] - The reported revenue exceeded the Zacks Consensus Estimate of $3.94 billion, resulting in a positive surprise of 3.89% [1] Revenue Breakdown - Equipment rentals generated $3.42 billion, surpassing the six-analyst average estimate of $3.34 billion, with a year-over-year increase of 9.7% [4] - Service and other revenues amounted to $86 million, slightly above the average estimate of $84.13 million, marking a 3.6% year-over-year change [4] - Contractor supplies sales reached $39 million, exceeding the average estimate of $37.72 million, representing an 8.3% increase year over year [4] - Sales of new equipment were reported at $96 million, significantly higher than the average estimate of $56.41 million, showing an impressive year-over-year growth of 84.6% [4] - Sales of rental equipment totaled $452 million, above the average estimate of $422.76 million, with a year-over-year increase of 3.2% [4] - Specialty contractor supplies sales were $17 million, exceeding the estimated $15.49 million, reflecting a 21.4% year-over-year change [4] - Specialty equipment rentals generated $1.08 billion, surpassing the average estimate of $1.01 billion, with a year-over-year increase of 30.5% [4] - Specialty sales of new equipment reached $29 million, above the average estimate of $26.34 million, marking a 26.1% year-over-year increase [4] - Specialty sales of rental equipment were $57 million, exceeding the average estimate of $45.20 million, with a year-over-year growth of 46.2% [4] - Specialty service and other revenues were reported at $8 million, slightly above the estimated $7.48 million, but showing an 11.1% decrease year over year [4] - General rentals generated $2.90 billion, surpassing the two-analyst average estimate of $2.81 billion, with a year-over-year increase of 3.1% [4] - General rentals service and other revenues were $78 million, exceeding the average estimate of $65.25 million, reflecting a 5.4% year-over-year change [4] Stock Performance - United Rentals shares have returned +8.9% over the past month, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]