United Rentals Inc reports results for the quarter ended December 31 - Earnings Summary

• United Rentals Inc URI.N reported quarterly adjusted earnings of $11.59​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $11.26. The mean expectation of nineteen analysts for the quarter was for earnings of $11.65 per share. Wall Street expected results to range from $10.57 to $12.30 per share.

• Revenue rose 9.8% to $4.10 billion from a year ago; analysts expected $3.94 billion.

• United Rentals Inc's reported EPS for the quarter was $10.47​.

• The company reported quarterly net income of $689 million.

• United Rentals Inc shares had risen by 8.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 11 "strong buy" or "buy," 9 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the business support services peer group is also "hold"

Wall Street's median 12-month price target for United Rentals Inc is $841.50

This summary was machine generated from LSEG data January 29 at 11:20 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)