United Rentals, Inc. reports results for the quarter ended September 30 - Earnings Summary

• United Rentals, Inc. URI.N reported quarterly adjusted earnings of $15.55​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $11.70. The mean expectation of nineteen analysts for the quarter was for earnings of $13.92 per share. Wall Street expected results to range from $12.73 to $15.11 per share.

• Revenue rose 15.7% to $4.89 billion from a year ago; analysts expected $4.70 billion.

• United Rentals, Inc.'s reported EPS for the quarter was $14.77​.

• The company reported quarterly net income of $920 million.

• United Rentals, Inc. shares had risen by 4.3% this quarter and gained 29.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for United Rentals, Inc. is $1,317.00, about 18.8% above its last closing price of $1,068.98

This summary was machine generated from LSEG data October 21 at 09:41 p.m. UTC. ​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)