United Rentals Narrows FY23 Revenue From $14.B-$14.3B To $14.1B-$14.3B Vs $14.21B Est.
Portfolio Pulse from Benzinga Newsdesk
United Rentals has revised its FY23 revenue forecast from a range of $14 billion to $14.3 billion to a narrower range of $14.1 billion to $14.3 billion. This is against an estimated $14.21 billion.
October 25, 2023 | 8:21 pm
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United Rentals' revised FY23 revenue forecast is slightly lower at the bottom end, which may indicate a potential slowdown in growth.
United Rentals has narrowed its FY23 revenue forecast, with the lower end of the range slightly reduced. This could be interpreted as a sign of potential slowdown in growth, which may negatively impact the company's stock price in the short term.
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