United Rentals Inc <URI.N> expected to post earnings of $8.33 a share - Earnings Preview
United Rentals Inc URI.N, URI is expected to show a rise in quarterly revenue when it reports results on April 24 for the period ending March 31 2024
The Stamford Connecticut-based company is expected to report a 4.8% increase in revenue to $3.442 billion from $3.29 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.
LSEG's mean analyst estimate for United Rentals Inc is for earnings of $8.33 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "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 $675.67, above its last closing price of $629.30.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2023 | 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 |
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 |
Jun. 30 2022 | 6.62 | 6.46 | 7.86 | Beat | 21.7 |
Mar. 31 2022 | 5.12 | 5.00 | 5.73 | Beat | 14.7 |
This summary was machine generated April 22 at 21:38 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)
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