United Rentals Q1 Earnings: Crushing Estimates

0:00United rentals just dropped their first quarter earnings, pulling in $531 million in net income, that breaks down to $8.43 per share, with adjusted earnings hitting $9.71. Revenue came in strong at $3.990 million for the quarter. Wall Street had their site set lower, with analysts expecting just $9.01 per share from nine different forecasts. The equipment rental giant topped revenue estimates too, where 8 analysts pegged it at $3.870 million. Looking ahead, they see full-year revenue landing between $16.900 million and $17.400 million. Signalling steady demand and construction and beyond. Stay informed with Hartford News today, AI-powered updates.