United Rentals: Q4 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — United Rentals Inc. (URI) on Wednesday reported fourth-quarter net income of $679 million.

The Stamford, Connecticut-based company said it had net income of $10.01 per share. Earnings, adjusted for non-recurring costs, came to $11.26 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $10.85 per share.

The equipment rental company posted revenue of $3.73 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $3.63 billion.

For the year, the company reported profit of $2.42 billion, or $35.28 per share. Revenue was reported as $14.33 billion.

United Rentals expects full-year revenue in the range of $14.65 billion to $15.15 billion.

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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