United Rentals URI releases its next round of earnings this Wednesday. Here's Benzinga's essential guide to United Rentals' Q3 earnings report.
Earnings and Revenue
Wall Street analysts see United Rentals reporting earnings of $4.60 per share on sales of $2.02 billion.
If the company were to post earnings inline with the consensus estimate when it reports Wednesday, EPS would be up 41.54 percent. Sales would be have grown 14.38 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 3.44 | 2.43 | 3.28 | 2.95 |
EPS Actual | 3.85 | 2.37 | 3.34 | 3.25 |
Stock Performance
Over the last 52-week period, shares are down 2.07 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on United Rentals stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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