United Rentals has shown strong performance, with its stock up over 40% this year, and continues to demonstrate robust operational growth and financial health. Despite modest market share gains, United Rentals' revenue, earnings, and cash flow have significantly increased, supported by effective debt management and strategic acquisitions. The company's valuation is higher than its 5-year averag...
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 - ...
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...
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the third quarter of 2024 and reaffirmed, at mid-point, its 2024 outlook, while narrowing the outlook ranges for revenue, adjusted EBITDA1, rental capital expenditures and net cash provided by operating activities. Third Quarter 2024 Highlights Total revenue of $3.992 billion, including rent...
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 ca...
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today introduced ProBox OnDemand, a Bluetooth-enabled automated tool tracking system. ProBox OnDemand ensures that workers have the right tools exactly when and where they need them, and tracks tools in real time to reduce worksite tool loss significantly. ProBox OnDemand leverages ...
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Morgan Stanley 12th Annual Laguna Conference on Wednesday, September 11, 2024. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer. The presentation will begin at 2:35 p.m. PT (5:35 p.m. ET) and is available vi...
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