United Rentals (URI) Stock

URI's results for the fourth quarter show that their main rental business has achieved record success, and there has also been an increase in sales of used equipment.

United Rentals, Inc. (NYSE:URI) will hold its Q4 2024 Earnings Conference Call on January 30, 2025, at 8:30 AM ET. The call will feature company leaders, including President and CEO Matthew Flannery and CFO Ted Grace, along with participants from various financial institutions. Please note that this call is being recorded.

While the revenue and earnings per share (EPS) for United Rentals (URI) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) has announced that its Board of Directors has raised the quarterly dividend by 10%, setting it at $1.79 per share. This dividend will be paid on February 26, 2025, to shareholders who are on record as of February 12, 2025. United Rentals is the largest equipment rental company globally, with a network of 1,591 rental locations in North America, 39 in Europe, and 37 in Australia.

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) has announced that its fully-owned subsidiary, UR Merger Sub VII Corporation, has started a cash tender offer to buy all the common stock shares of H&E Equipment Services, Inc. for $92.00 per share.

URI's results for the fourth quarter of 2024 are expected to show the impact of significant infrastructure projects and an increase in its Specialty business. However, there are risks such as slower growth in General Rental, inflation, and rising costs.

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) has announced that Julie Brandt is now a member of its board of directors, starting immediately. With her addition, the board now has 11 members, including nine independent directors. Michael Kneeland, the chairman of United Rentals, expressed enthusiasm about Julie joining the board, highlighting her leadership skills and knowledge of large-scale operations and customer service.

URI's acquisition of H&E will help increase its fleet and open up new opportunities for growth.

United Rentals Stock (NYSE: URI), the biggest equipment rental company globally that serves construction, industrial firms, manufacturers, and utilities, experienced a 6% increase in its stock on Tuesday, January 14. This rise followed the announcement of its intention to buy H&E Equipment Services (NASDAQ: HEES).