Profile
Sector:
IndustrialsIndustry:
Rental & Leasing ServicesCountry:
United StatesIPO:
18 December 1997Website:
http://www.unitedrentals.comNext earnings report:
N/ALast dividends:
14 August 2024Next dividends:
13 November 2024Price
after hours | Fri, 25 Oct 2024 23:39:45 GMTAnalysts recommendations
Institutional Ownership
URI Latest News
United Rentals Inc. (NYSE:URI) will hold its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:30 AM ET. The call will feature company leaders, including President and CEO Matthew Flannery and CFO Ted Grace, along with various analysts from different financial institutions. Please note that this call is being recorded.
URI's results for the third quarter are boosted by strong demand in key markets and the success of its main rental operations. However, slow sales of used equipment are still a worry.
The financial results for United Rentals (URI) from the quarter ending in September 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the same period last year.
United Rentals (URI) reported quarterly earnings of $11.80 per share, which is lower than the Zacks Consensus Estimate of $12.49 per share. This is an increase compared to earnings of $11.73 per share from the same period last year.
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) has announced that its Board of Directors has approved a quarterly cash dividend of $1.63 for each share of URI common stock. This dividend will be paid on November 27, 2024, to shareholders who are on record by the end of business on November 13, 2024. United Rentals, Inc. is the biggest equipment rental company globally, with 1,571 rental locations in North America and 39 in Europe.
URI's results for the third quarter of 2024 are expected to show an increase in its Specialty business and careful management of capital. However, there are risks such as slower growth in General Rental, inflation, and rising costs.
United Rentals (URI) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.
Investors looking at stocks in the Building Products - Miscellaneous sector may be familiar with United Rentals (URI) and Masco (MAS). However, which of these two stocks is more appealing for value investors?
United Rentals has launched ProBox OnDemand to improve how tools are managed and increase efficiency at job sites.
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the largest equipment rental company globally, has launched ProBox OnDemand, an automated tool tracking system that uses Bluetooth technology. This system helps workers access the right tools at the right time and location while also monitoring tools in real time to minimize losses on the job site. ProBox OnDemand uses Bluetooth tracking tags attached to tools kept in a specially designed storage box that is currently patent pending.
What type of business is United Rentals?
United Rentals, Inc. is the world's largest equipment rental company. The company was founded in 1997, with its headquarters located in Stamford, Connecticut. - General Rentals rents out construction, aviation, and industrial equipment, including excavators, telehandlers, forklifts, earthmoving equipment, loading and unloading equipment, aerial work platforms, pressure washers, water pumps, and power tools. - The Trench, Power, and Fluid Solutions segment rents out specialized construction equipment, including trench shields, aluminum hydraulic shoring systems, guide rails, construction lasers, equipment for linear testing for underground work, as well as equipment for heating, ventilation, and air conditioning.
What sector is United Rentals in?
United Rentals is in the Industrials sector
What industry is United Rentals in?
United Rentals is in the Rental & Leasing Services industry
What country is United Rentals from?
United Rentals is headquartered in United States
When did United Rentals go public?
United Rentals initial public offering (IPO) was on 18 December 1997
What is United Rentals website?
https://www.unitedrentals.com
Is United Rentals in the S&P 500?
Yes, United Rentals is included in the S&P 500 index
Is United Rentals in the NASDAQ 100?
No, United Rentals is not included in the NASDAQ 100 index
Is United Rentals in the Dow Jones?
No, United Rentals is not included in the Dow Jones index
When was United Rentals the previous earnings report?
No data
When does United Rentals earnings report?
Next earnings report date is not announced yet