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United Rentals (URI) is set to report its earnings on October 22, and all eyes are on its ability to sustain the impressive growth trajectory it has charted in recent quarters. With a market cap exceeding $61 billion, the company has solidified its position as a leader in the equipment rental industry. Analysts are anticipating an earnings per share (EPS) of $12.32, with revenue projected at $4.16 billion. However, the whisper number suggests a slightly more optimistic EPS of $12.97, indicating that market sentiment is leaning towards a stronger performance. This expectation aligns with United Rentals' strategic focus on expanding its fleet and enhancing operational efficiencies, which have been key drivers of its robust financial results. As the company continues to capitalize on the construction sector's recovery and infrastructure investments, investors will be keenly observing whether United Rentals can exceed these benchmarks and deliver another quarter of solid growth.
United Rentals, Inc. (NYSE: URI) is the world's largest equipment rental company, with about 13 percent of the North American market share as of 2019.
Website: https://www.unitedrentals.com
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