United Rentals beats Q3 revenue estimates, lifts 2025 revenue forecast

United Rentals

22/10/2025 21:34

Overview

United Rentals Q3 revenue beats analyst expectations, reaching $4.229 bln

Adjusted EPS for Q3 misses analyst expectations

Company raises full-year 2025 revenue and capital spending guidance

Outlook

United Rentals raises 2025 revenue guidance to $16.0 bln-$16.2 bln

Company increases 2025 capital spending forecast to $2.55 bln-$2.75 bln

United Rentals maintains cash flow outlook at $5.0 bln-$5.4 bln

Result Drivers

CUSTOMER DEMAND - Strong customer demand in construction and industrial markets drove Q3 results

FLEET PRODUCTIVITY - Fleet productivity increased 2.0% year-over-year, contributing to rental revenue growth

TECHNOLOGY AND SERVICE - One-stop-shop model and industry-leading technology differentiate United Rentals in the market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$4.22 bln
$4.16 bln (13 Analysts)
Q3 Adjusted EPS
Miss
$11.70
$12.30 (16 Analysts)
Q3 EPS
$10.91
Q3 Net Income
$701 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for United Rentals Inc is $1,000.00, about 0.2% below its October 21 closing price of $1,002.29

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw6g60jVa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)