United Rentals: Q4 Earnings Snapshot

STAMFORD, Conn. (AP) _ United Rentals Inc. (URI) on Wednesday reported fourth-quarter earnings of $639 million.

On a per-share basis, the Stamford, Connecticut-based company said it had net income of $9.15. Earnings, adjusted for non-recurring costs, were $9.74 per share.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $10.12 per share.

The equipment rental company posted revenue of $3.3 billion in the period, beating Street forecasts. Eight analysts surveyed by Zacks expected $3.29 billion.

For the year, the company reported profit of $2.11 billion, or $29.65 per share. Revenue was reported as $11.64 billion.

United Rentals expects full-year revenue in the range of $13.7 billion to $14.2 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on URI at https://www.zacks.com/ap/URI