United Rentals: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
United Rentals (NYSE:URI) reported Q4 earnings with an EPS of $11.26, beating estimates by 3.02% and showing a revenue increase of $432 million YoY. The company has a history of surpassing EPS estimates, which typically leads to a positive share price reaction the following day.
January 24, 2024 | 9:25 pm
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United Rentals reported a positive Q4 earnings beat with an EPS of $11.26, exceeding estimates by 3.02% and showing a significant year-over-year revenue increase.
Historically, United Rentals has seen a positive share price movement following an earnings beat. Given the company's performance exceeding EPS estimates and showing revenue growth, it is likely to have a similar positive short-term impact on the stock price.
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