United Rentals down after third-quarter profit miss

United Rentals

23/10/2024 23:24

** Shares of equipment rental firm United Rentals  URI.N 
down 3.26% at $807 after the bell
    ** Company posts Q3 profit miss on lower margins across all
segments
    ** Posts Q3 EPS of $11.80 vs. analysts' consensus of $12.48
- data compiled by LSEG
    ** Narrows annual revenue forecast to between $15.1 bln and
$15.3 bln, vs. earlier ests. of a range of $15.05 bln to $15.35
bln
    ** Reports Q3 revenue of $3.46 bln, vs. ests. of $4.01
billion
    ** Up to Wednesday's close, stock was up ~45% YTD

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))