United Rentals, Inc. (NYSE:URI) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, July 19th. Analysts expect the company to announce earnings of $2.28 per share for the quarter.

United Rentals (NYSE:URI) last issued its earnings results on Wednesday, April 19th. The construction company reported $1.63 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.51 by $0.12. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.33 billion. United Rentals had a return on equity of 47.90% and a net margin of 10.04%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.40 earnings per share. On average, analysts expect United Rentals to post $9.61 EPS for the current fiscal year and $10.57 EPS for the next fiscal year.

United Rentals, Inc. (NYSE:URI) opened at 117.21 on Monday. The firm has a market cap of $9.91 billion, a P/E ratio of 17.37 and a beta of 2.42. The firm’s 50-day moving average price is $108.26 and its 200 day moving average price is $115.64. United Rentals, Inc. has a 52 week low of $67.09 and a 52 week high of $134.28.

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Several research firms have weighed in on URI. Axiom Securities reaffirmed a “sell” rating on shares of United Rentals in a report on Thursday. Zacks Investment Research cut United Rentals from a “hold” rating to a “sell” rating in a report on Thursday. BidaskClub raised United Rentals from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Jefferies Group LLC reaffirmed a “buy” rating and issued a $150.00 price target on shares of United Rentals in a report on Friday, June 9th. Finally, ValuEngine raised United Rentals from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $120.21.

About United Rentals

United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.

Earnings History for United Rentals (NYSE:URI)

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