United Rentals Inc expected to post earnings of $10.54 a share - Earnings Preview

United Rentals

22/07/2024 22:04

* United Rentals Inc  URI.N   URI  is expected to show a
rise in
quarterly revenue when it reports  results on July 24 for the
period ending June 30 2024
    * The Stamford Connecticut-based  company is expected to
report a
6.2% increase in revenue to $3.775 billion from $3.55 billion a
year ago, according to the mean estimate from 16 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for United Rentals Inc is
for
earnings of $10.54 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 9
"hold" and 4 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for United
Rentals
Inc is $699.00​, below​ its last closing price of $738.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  8.40        8.33       9.15      Beat    9.9
 Dec. 31 2024  10.95       10.93      11.26     Beat    3
 Sep. 30 2023  11.39       11.20      11.73     Beat    4.7​
 Jun. 30 2023  9.13        9.01       9.88      Beat    9.7
 ​​Jan.        8.09        7.92       7.95      Beat    0.3
 1 0001                                                 
 Dec. 31 2022  10.35       10.38      9.74      Missed  -6.2​
 Sep. 30 2022  9.15        9.07       9.27      Beat    2.3
 Jun. 30 2022  6.62        6.46       7.86      Beat    21.7
 This summary was machine generated July 22 at 21:04 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)