United Rentals Inc expected to post earnings of $12.48 a share - Earnings Preview

United Rentals

21/10/2024 23:04

* United Rentals Inc  URI.N   URI  is expected to show a
rise in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The Stamford Connecticut-based  company is expected to
report a
6.4% increase in revenue to $4.007 billion from $3.77 billion a
year ago, according to the mean estimate from 15 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for United Rentals Inc is
for
earnings of $12.48 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 8
"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 745.00​, below​ its last closing price of $832.53. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  10.70       10.54      10.70     Beat    1.5
 Mar. 31 2024  8.40        8.33       9.15      Beat    9.9
 Jan. 1 0001   10.95       10.93      11.26     Beat    3​
 Sep. 30 2023  11.39       11.20      11.73     Beat    4.7
 ​​Jun.        9.13        9.01       9.88      Beat    9.7
 30 2023                                                
 Mar. 31 2023  8.09        7.92       7.95      Beat    0.3​
 Dec. 31 2022  10.35       10.38      9.74      Missed  -6.2
 Sep. 30 2022  9.15        9.07       9.27      Beat    2.3
 This summary was machine generated October 21 at 22:04 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)