United Rentals ($URI) Q3 2024 Earnings Preview

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The third quarter financial results of United Rentals (NYSE: URI) will be unveiled on Wednesday 23rd October 2024. This eagerly awaited announcement is scheduled to occur after market close.

As per the projections made by financial experts on Wall Street, the company is expected to announce an estimated $12.48 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $4.01 billion.

Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $15.19 billion. Furthermore, they expect the business to achieve profit of $43.91 per share during the fiscal year.

The company's earnings report for the same quarter in the previous year revealed a per-share income of $11.73, attributed to the company's total revenue of $3.77 billion.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $10.70 +8.3% 3.77 B +6.2%
Q1 2024 $9.15 +15.1% 3.49 B +6.1%
Q4 2023 $11.26 +15.6% 3.73 B +13.1%
Q3 2023 $11.73 +26.5% 3.77 B +23.4%
Q2 2023 $9.88 +25.7% 3.55 B +28.3%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 24th October 2024 at 08:30 AM eastern time to discuss Q3 financial results.

The previous trading day saw United Rentals (URI) shares trading between $828.33 and $842.23, besides a volume of 323.20 thousand shares. The stock closed Monday's regular trading session at $832.53, marking 0.8 percent downfall.