Equipment Rentals Aids United Rentals (URI) in Q1 Earnings
United Rentals(URI) 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 ...