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United Rentals Falls After Cutting Guidance

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United Rentals, Inc. (NYSE: URI) shares are falling after reporting a second-quarter earnings beat.

Adjusted earnings came in at $4.74, beating estimates by 28 cents. Sales came in at $2.29 billion, beating estimates by $20 million.

The company cut the high end of its 2019 sales and EBITDA guidance.

United Rentals shares were down 5% at $125 in after-hours trading. The stock closed at $131.49.

Posted-In: Matthew FlanneryEarnings News Guidance After-Hours Center Movers Trading Ideas

 

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