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United Rentals Inc. (NYSE:URI ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Matthew Flannery - President, Chief Executive Officer Ted Grace - Executive Vice President, Chief Financial Officer Conference Call Participants David Raso - Evercore ISI Michael Feniger - Bank of America Tim Thein - Raymond James Unknown Analyst - Goldman Sachs Robert Wertheimer - Melius Research Jamie Cook - Truist Securities Ken Newman - Keybanc Capital Kyle Menges - Citi Angel Castillo - Morgan Stanley Neil Tyler - Redburn Atlantic Scott Schneeberger - Oppenheimer Operator Good morning and welcome to the United Rental's investor conference call. Please be advised that this call is being recorded.
URI's third-quarter results benefit from solid end markets and the strength of its core rental business. Yet, tepid Used equipment sales remain a concern.
While the top- and bottom-line numbers for United Rentals (URI) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
United Rentals (URI) came out with quarterly earnings of $11.80 per share, missing the Zacks Consensus Estimate of $12.49 per share. This compares to earnings of $11.73 per share a year ago.
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend will be payable on November 27, 2024 to shareholders of record at the close of business on November 13, 2024. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The company has an integrated network of 1,571 rental locations in North America, 39 in Europe.
URI's third-quarter 2024 results are likely to reflect growth in its Specialty business and disciplined capital allocation. Slower growth in General Rental, inflation and cost pressures are risks.
Get a deeper insight into the potential performance of United Rentals (URI) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
United Rentals (URI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
United Rentals (URI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its third quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, October 24, 2024 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call is also accessible by dialing 800-451-7724 (international: 785-424-1226). The replay number for the.