United Rentals: Q3 Earnings Snapshot
By AP News
Published - Oct 23, 2024, 04:22 PM ET
Last Updated - Dec 16, 2024, 06:03 PM EST
STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — United Rentals Inc. (URI) on Wednesday reported third-quarter earnings of $708 million.
The Stamford, Connecticut-based company said it had profit of $10.70 per share. Earnings, adjusted for non-recurring costs, were $11.80 per share.
The results fell short of Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $12.49 per share.
The equipment rental company posted revenue of $3.99 billion in the period, matching Street forecasts.
