United Rentals Q2 adjusted earnings Beat Estimates
United Rentals (URI) reported a profit for its second quarter that advanced from last year.
The company’s earnings came in at $270 million, or $3.20 per share. This compares with $141 million, or $1.65 per share, in last year’s second quarter.
Analysts had expected the company to earn $3.44 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 18.1% to $1.89 billion from $1.60 billion last year.
United Rentals earnings at a glance:
-Earnings (Q2): . vs. . last year.
-EPS (Q2): $3.85 vs. $2.37 last year.
-Analysts Estimate: $3.44
-Revenue (Q2): $1.89 Bln vs. $1.60 Bln last year.
Full year revenue guidance: $7.5 Bln – $7.7 Bln
by RTTNews Staff Writer
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