United Rentals, Inc. (NYSE:URI) reported Q4 earnings with adjusted earnings of $11.26 per share, surpassing estimates of $10.93. Revenue was $3.73 billion, exceeding estimates of $3.62 billion and showing a 13% year-over-year growth. Rental revenue hit a record $3.119 billion, up 13.5% from the previous year. Adjusted EBITDA reached a record $1.809 billion, though the margin fell by 150 basis points to 48.5%. The company announced a new $1.5 billion share repurchase program to be completed by Q1 2025. United Rentals forecasts full-year 2024 revenue between $14.65 billion and $15.15 billion, compared to an estimate of $14.805 billion. After the earnings release, URI shares rose 3.31% to $596 in after-hours trading.