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-0.000214728317552427 -0.000715761058508284 0.00211660770158904 0.00263297817951292 0.00443260598376249 0.00912084091699213 0.00521483056913232 0.00270976911593291
Stock impact report

United Rentals Q1 Earnings & Revenues Beat on Strong Rental Demand [Yahoo! Finance]

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Solid execution across its general rentals and specialty businesses helped drive record first-quarter results, while fleet productivity increased 2.3% from the year-ago period. URI stock surged 14.6% during yesterday's after-hours, following the earnings release. United Rentals' Q1 Earnings & Revenues URI posted adjusted earnings per share of $9.71 for the first quarter, up 9.6% year over year and beat the Zacks Consensus Estimate of $9.01 by 7.8%. Total revenue rose 7.2% year over year to $3.99 billion and topped the consensus mark of $3.87 billion by 2.9%. A closer look at the top line shows that equipment rentals remained the dominant contributor in the quarter. Equipment rentals revenue totaled $3.42 billion (up 8.7% year over year), supported by continued demand across construction and industrial end markets. Average original equipment at cost increased 5.7% year over year. Non-rental lines were mixed but additive to the overall revenue base. Sales of rental equipmen Show less Read more
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