U.S. markets open in 4 hours 16 minutes
  • S&P Futures

    3,630.00
    +2.75 (+0.08%)
     
  • Dow Futures

    29,843.00
    +15.00 (+0.05%)
     
  • Nasdaq Futures

    12,191.25
    +39.00 (+0.32%)
     
  • Russell 2000 Futures

    1,839.20
    -5.40 (-0.29%)
     
  • Crude Oil

    44.75
    -0.96 (-2.10%)
     
  • Gold

    1,813.00
    +1.80 (+0.10%)
     
  • Silver

    23.24
    -0.13 (-0.54%)
     
  • EUR/USD

    1.1930
    +0.0017 (+0.14%)
     
  • 10-Yr Bond

    0.8780
    -0.0040 (-0.45%)
     
  • Vix

    21.50
    -0.14 (-0.65%)
     
  • GBP/USD

    1.3369
    +0.0012 (+0.09%)
     
  • USD/JPY

    104.0200
    -0.2300 (-0.22%)
     
  • BTC-USD

    16,832.70
    -333.95 (-1.95%)
     
  • CMC Crypto 200

    328.66
    -41.86 (-11.30%)
     
  • FTSE 100

    6,303.40
    -59.53 (-0.94%)
     
  • Nikkei 225

    26,644.71
    +107.40 (+0.40%)
     

United Rentals: 3Q Earnings Snapshot

·1 min read

STAMFORD, Conn. (AP) _ United Rentals Inc. (URI) on Wednesday reported third-quarter earnings of $208 million.

The Stamford, Connecticut-based company said it had net income of $2.87 per share. Earnings, adjusted for non-recurring costs, came to $5.40 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.33 per share.

The equipment rental company posted revenue of $2.19 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $2.14 billion.

United Rentals expects full-year revenue in the range of $8.35 billion to $8.45 billion.

United Rentals shares have increased slightly more than 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $170.73, an increase of 26% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on URI at https://www.zacks.com/ap/URI