United Rentals (URI) came out with quarterly earnings of $8.86 per share, beating the Zacks Consensus Estimate of $8.84 per share. This compares to earnings of $9.15 per share a year ago.
URI's first-quarter 2025 results are likely to reflect large infrastructure projects and growth in its Specialty business. Slower growth in General Rental, inflation and cost pressures are risks.
Evaluate the expected performance of United Rentals (URI) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
United Rentals (URI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
United Rentals (URI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
United Rentals' decision not to chase the H&E acquisition demonstrates disciplined capital allocation, benefiting shareholders. Herc Holdings' costly acquisition of H&E leaves it in a risky financial position, benefiting United Rentals if the economy slows down. United Rentals' strong financial position and scale efficiencies make it more resilient in economic downturns, allowing it to capitalize on competitors' weaknesses.
United Rentals, Inc. is well-positioned for growth due to strong mega-project pipelines driven by robust demand in data centers, manufacturing, and power markets, supported by reshoring trends and the IIJA. Margins should improve in the medium to long term with strong pricing, volume growth, and specialty business expansion serving as tailwind. URI's good execution and favorable long-term prospects justify a buy rating, with potential for P/E multiple re-rating and significant upside.
URI's fourth-quarter results indicate record performance in the core rental business and a rise in used equipment sales.
United Rentals, Inc. (NYSE:URI ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Matthew Flannery - President & Chief Executive Officer Ted Grace - Executive Vice President & Chief Financial Officer Conference Call Participants Steven Fisher - UBS Blake Greenhalgh - Bank of America Tim Thein - Raymond James Ken Newman - Keybanc Capital Markets Scott Schneeberger - Oppenheimer Operator Good morning and welcome to the United Rentals' Investor Conference Call. Please be advised that this call is being recorded.
Although the revenue and EPS for United Rentals (URI) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
United Rentals (URI) came out with quarterly earnings of $11.59 per share, missing the Zacks Consensus Estimate of $11.77 per share. This compares to earnings of $11.26 per share a year ago.
URI's fourth-quarter 2024 results are likely to reflect large infrastructure projects and growth in its Specialty business. Slower growth in General Rental, inflation and cost pressures are risks.