United Rentals misses profit estimates on inflationary costs

Jan 29 (Reuters) - United Rentals URI.N, which rents out equipment to the manufacturing and construction sectors across North America, missed analysts' estimate for fourth-quarter profit on Wednesday, hit by inflationary costs.

United Rentals, one of the largest equipment rental firms in the world, posted an adjusted profit of $11.59 per share for the quarter ended Dec. 31, compared with analysts' average estimate of $11.65, according to data compiled by LSEG.

For 2025, the Stamford, Connecticut-based company expects to post revenue between $15.6 billion and $16.1 billion, the midpoint of which is above estimates of $15.82 billion.

The company reported total revenue of $4.09 billion for the quarter, compared with estimates of $3.94 billion.