United Rentals Earnings Report: Key Insights Ahead of Q3

Reported 3 days ago

United Rentals, Inc. (URI), a major equipment rental company valued at $63.1 billion, is set to announce its third-quarter earnings, with projections indicating a profit of $12.43 per share, reflecting a 5.3% increase from the previous year. Despite mixed performance in the past quarters, the company's stock has risen 24.3% over the last year, driven by strong demand in data center construction and an optimistic market sentiment. Analysts are generally positive about URI, with a consensus rating leaning towards 'Moderate Buy'.

Source: YAHOO

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