United Rentals Sees FY24 Revenue $14.65B-$15.15B Vs $14.805B Estimate
Portfolio Pulse from Benzinga Newsdesk
United Rentals forecasts its FY24 revenue to be between $14.65B and $15.15B, which brackets the analyst estimate of $14.805B.

January 24, 2024 | 9:18 pm
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NEUTRAL IMPACT
United Rentals' FY24 revenue forecast suggests a performance in line with analyst expectations, which could maintain investor confidence.
The revenue forecast for United Rentals is within the range of analyst estimates, which typically indicates that the company's performance is as expected. This alignment with expectations generally leads to a neutral short term impact on the stock price, as there are no positive or negative surprises to adjust for.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100