United Rentals Inc

URI: XNYS (USA)

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United Rentals Earnings: Management Reaffirms Full-Year Guidance Despite Mixed Results

David Whiston , Alex Medow

Oct 24, 2024

United Rentals reported mixed third-quarter results relative to LSEG consensus, performing in line on revenue but falling short on adjusted diluted earnings per share with $11.80 versus the $12.48 consensus. Management reaffirmed its full-year midpoint guidance. We have increased our fair value estimate to $590 per share from $575 due to the time value of money.

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United Rentals Inc

United Rentals Earnings: Management Reaffirms Full-Year Guidance Despite Mixed Results

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