United Rentals (URI) Misses Q3 EPS by 76c, provides guidance

United Rentals (NYSE: URI) reported Q3 EPS of $11.80, $0.76 worse than the analyst estimate of $12.56. Revenue for the quarter came in at $3.99 billion versus the consensus estimate of $4.01 billion.

GUIDANCE:

United Rentals sees FY2024 revenue of $15.1-15.3 billion, versus the consensus of $15.183 billion. Adjusted EBITDA: $7.115 billion to $7.215 billion.Net rental capital expenditures after gross purchases: $2.05 billion to $2.25 billion, after gross purchases of $3.55 billion to $3.75 billion. Net cash provided by operating activities: $4.40 billion to $4.80 billion.
Free cash flow excluding merger and restructuring related payments: $2.05 billion to $2.25 billion

For earnings history and earnings-related data on United Rentals (URI) click here.

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