Overview

* United Rentals ( URI ) Q3 revenue beats analyst expectations, reaching $4.229 bln

* Adjusted EPS for Q3 misses analyst expectations

* Company raises full-year 2025 revenue and capital spending guidance

Outlook

* United Rentals ( URI ) raises 2025 revenue guidance to $16.0 bln-$16.2 bln

* Company increases 2025 capital spending forecast to $2.55 bln-$2.75 bln

* United Rentals ( URI ) maintains cash flow outlook at $5.0 bln-$5.4 bln

Result Drivers

* CUSTOMER DEMAND - Strong customer demand in construction and industrial markets drove Q3 results

* FLEET PRODUCTIVITY - Fleet productivity increased 2.0% year-over-year, contributing to rental revenue growth

* TECHNOLOGY AND SERVICE - One-stop-shop model and industry-leading technology differentiate United Rentals ( URI ) in the market

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $4.22 $4.16

Revenue bln bln (13

Analysts

)

Q3 Miss $11.70 $12.30

Adjusted (16

EPS Analysts

)

Q3 EPS $10.91

Q3 Net $701 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the business support services peer group is "buy"

* Wall Street's median 12-month price target for United Rentals Inc ( URI ) is $1,000.00, about 0.2% below its October 21 closing price of $1,002.29

* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)