Susquehanna Downgrades United Rentals (URI) to Neutral

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Go back to Susquehanna Downgrades United Rentals (URI) to Neutral

United Rentals Announces Fourth Quarter and Full Year 2015 Results and Provides 2016 Outlook

January 27, 2016 4:15 PM EST

STAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter and full year 2015.

For the fourth quarter of 2015, total revenue was $1.523 billion and rental revenue was $1.278 billion, compared with $1.564 billion and $1.320 billion, respectively, for the same period the prior year. On a GAAP basis, the company reported fourth quarter net income of $169 million, or $1.81 per diluted share, compared with $194 million, or $1.88 per diluted share, for the same period the prior year.

Adjusted EPS1 for the quarter was $2.19 per diluted share, which... More