24.04.2024 22:19:36 - dpa-AFX: United Rentals, Inc. Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - United Rentals, Inc. (URI) announced earnings for its
first quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $542 million, or $8.04 per share. This compares
with $451 million, or $6.47 per share, in last year's first quarter.

Excluding items, United Rentals, Inc. reported adjusted earnings of $9.15 per
share for the period.

Analysts on average had expected the company to earn $8.32 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.9% to $2.93 billion from $2.74
billion last year.

United Rentals, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $542 Mln. vs. $451 Mln. last year.
-EPS (Q1): $8.04 vs. $6.47 last year.
-Revenue (Q1): $2.93 Bln vs. $2.74 Bln last year.

-Guidance:
Full year revenue guidance: $14.950 - $15.450 B


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
UNITED RENTALS INC.DL-,01 911443 Frankfurt 598,400 10.06.24 12:40:21 +22,200 +3,85% 601,200 603,200 594,800 576,200

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