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0 -0.000202110612250771 -0.000303165918376238 -0.00224487144321423 0.000411439460653349 -0.00480734527710814 -0.00255525559774227 -0.00255525559774227
Stock impact report

United Rentals (URI) Stock Up on Q1 Earnings & Revenue Beat [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 surpassed the Zacks Consensus Estimate for both earnings and revenues, with notable year-over-year growth. The company demonstrated significant revenue growth, particularly in its Equipment Rentals segment, which is its primary revenue source. This segment experienced a robust 6.9% growth, reflecting a high level of demand in the market. United Rentals' strategic acquisitions and extensive fleet have further strengthened its position as a market leader. Despite facing competition, the company's financial performance underscores its solid footing for future expansion and growth. Moreover, this leading equipment rental company has increased its guidance for 2024, given the contribution from the Yak acquisition, the strength of the present market condition and the multi-year tailwinds the company sees across infrastructure, manufacturing and energy and power. In March 2024, United Rentals acquired Yak, showcasing its strategy to expand its specialty rental business, enhan Show less Read more
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