United Rentals rises on upbeat revenue forecast

United Rentals

22/07/2026 22:48

** Shares of equipment rental firm United Rentals URI.N up 10% at $1,138 in extended trading 
** Co posts record second-quarter revenue and raised its full-year revenue forecast on strong demand for equipment rentals from large construction customers
** Expects annual total revenue in the range of $17.5 billion to $17.8 billion compared to previous range of $16.9 billion to $17.4 billion
** Q2 total revenue grew 12% to $4.41 billion compared to estimates of $4.22 billion-LSEG 
** Logs Q2 adjusted profit of $12.76 per share compared to $11.53 per share
** As of Wednesday's last close, stock up ~28% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))