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On Wednesday, United Rentals (NYSE:URI) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
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United Rentals earnings will be near $3.44 per share on sales of $1.85 billion, according to analysts.
In the same quarter last year, United Rentals posted EPS of $2.37 on sales of $1.59 billion. If the company were to report inline earnings when it publishes results Wednesday, earnings would be up 45.15 percent. Revenue would be up 15.84 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 2.43 | 3.28 | 2.95 | 2.29 |
| EPS Actual | 2.37 | 3.34 | 3.25 | 2.37 |
Stock Performance
Over the last 52-week period, shares are up 29.86 percent. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on United Rentals stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.