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Stock impact report

United Rentals' Q1 Earnings & Revenues Beat Estimates, Stock Up [Yahoo! Finance]

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company's earnings per share (EPS) and revenues surpassed the Zacks Consensus Estimate. On a year-over-year basis, the top line increased, but the bottom line declined. The company reported record first-quarter revenues and adjusted EBITDA, driven by strong demand across construction and industrial-end markets. This performance, along with sustained customer activity, supported the reaffirmation of full-year guidance as the company enters its peak season. With a clear focus on its established strategy, the company continues to prioritize disciplined capital deployment and operational efficiency. Backed by a solid balance sheet and a new $1.5 billion share repurchase authorization, the company is positioned to sustain growth, generate strong free cash flow and create long-term value. Adjusted EPS of $8.86 topped the Zacks Consensus Estimate of $8.84 by 0.2%. The reported figure, however, decreased 3.2% from the prior-year adjusted figure of $9.15 per share. (Find the latest E Show less Read more
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