Wall Street analysts forecast that United Rentals (URI) will report quarterly earnings of $12.49 per share in its upcoming release, pointing to a year-over-year increase of 6.5%. It is anticipated that revenues will amount to $3.99 billion, exhibiting an increase of 6.1% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Pr ...

United Rentals (URI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Octo ...

Investors interested in stocks from the Building Products - Miscellaneous sector have probably already heard of United Rentals (URI) and Masco (MAS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emp ...

United Rentals, Inc. (URI) launched ProBox OnDemand, an automated tool-tracking system that utilizes Bluetooth technology. This system helps ensure workers access the correct tools when and where needed. It also tracks tools in real-time, which significantly reduces the risk of tool loss on worksites. This innovation is part of the United Rentals Worksite Performance portfolio, which helps customers create connected worksites that enhance safety, productivity and sustainability. ProBox OnDemand utilizes Blu ...

Investors might want to bet on United Rentals (URI) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a chan ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find comp ...

Have you been paying attention to shares of United Rentals (URI) ? Shares have been on the move with the stock up 8.9% over the past month. The stock hit a new 52-week high of $807.79 in the previous session. United Rentals has gained 39.9% since the start of the year compared to the 23.9% move for the Zacks Construction sector and the 21.7% return for the Zacks Building Products - Miscellaneous industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, a ...

Divesture marks final exit of Platinum's Yak Access InvestmentLOS ANGELES, July 29, 2024 /PRNewswire/ -- Platinum Equity announced today the sale of BluRoc LLC to Mollitiam Holdings. Financial terms were not disclosed.Headquartered in Northampton, Massachusetts, BluRoc is a provider of temporary and permanent access roads, midstream projects, renewable infrastructure, access matting, environmental controls, land clearing and bridge installation services.BluRoc was previously owned by Yak Access, which Plati ...

AContadini United Rentals' Success Amidst Industrial Woes In the last year, industrials grappled with a manufacturing recession which has still not eased its dent. Data by YCharts After all, a huge surge in demand fueled by low rates and stimulus packages ruled by many governments created a huge pull-forward effect. No wonder we are now seeing automakers, and other heavy machinery producers face a decline in orders while feeling new pressure on margins. At the same time, construction spending in the U.S ...

aydinmutlu/E+ via Getty Images July 25th ended up being a really great day for shareholders of United Rentals (NYSE:URI). The company, which primarily engages in the renting out of equipment like aerial work platforms, air compressors, and more, saw its shares closed up 5.4%. This came in spite of management reporting financial results covering the second quarter of the 2024 fiscal year that fell short of expectations from a revenue and earnings perspective. The push higher almost certainly was because ...