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United Rentals, Inc. (URI) announced earnings for second quarter that dropped from last year.


RTTNews | Jul 29, 2020 04:39PM EDT

16:38 Wednesday, July 29, 2020 (RTTNews.com) - United Rentals, Inc. (URI) announced earnings for second quarter that dropped from last year.

The company's earnings totaled $212 million, or $2.93 per share. This compares with $270 million, or $3.44 per share, in last year's second quarter.

Analysts had expected the company to earn $1.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 15.3% to $1.94 billion from $2.29 billion last year.

United Rentals, Inc. earnings at a glance:

-EPS (Q2): $3.68 vs. $4.74 last year.-Analysts Estimate: $1.86-Revenue (Q2): $1.94 Bln vs. $2.29 Bln last year.

-Guidance:Full year revenue guidance: $8.05 - $8.45 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3115749/united-rentals-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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