United Rentals (URI) Tops Q1 EPS by 21c; Lowers Top End of FY15 Revs Guidance

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United Rentals Announces First Quarter 2015 Results

April 21, 2015 4:10 PM EDT

Updates Full Year Outlook

STAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter 2015. Total revenue was $1.315 billion and rental revenue was $1.125 billion, compared with $1.178 billion and $1.005 billion, respectively, for the same period last year1. On a GAAP basis, the company reported first quarter net income of $115 million, or $1.16 per diluted share, compared with $60 million, or $0.56 per diluted share, for the same period last year2.

Adjusted EPS3 for the quarter was $1.34 per diluted share, compared with $0.90 per diluted share for... More