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United Rentals Q1 Adjusted EPS, Revenue Increase; 2024 Revenue Outlook Revised -- Shares Up After Hours
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United Rentals Q1 Adjusted EPS, Revenue Increase; 2024 Revenue Outlook Revised -- Shares Up After Hours
Apr 24, 2024 2:13 PM

04:50 PM EDT, 04/24/2024 (MT Newswires) -- United Rentals ( URI ) reported Q1 adjusted earnings late Wednesday of $9.15 per diluted share, up from $7.95 a year earlier.

Analysts polled by Capital IQ expected $8.34.

Revenue for the quarter ended March 31 was $3.49 billion, up from $3.29 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.45 billion.

The company said it now expects 2024 revenue between $14.95 billion and $15.45 billion, compared with the previous guidance of between $14.65 billion and $15.15 billion.

Analysts polled by Capital IQ expect 15.04 billion.

United Rentals ( URI ) kept its quarterly dividend at $1.63 per share, payable on May 22 to shareholders of record on May 8.

Company shares were up nearly 3% in after-hours activity.

Price: 673.00, Change: +17.81, Percent Change: +2.72

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