United Rentals (URI) Misses Q4 EPS by 5c, Revenues Beat; Offers FY19 Revenue Outlook

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United Rentals Announces Fourth Quarter and Full Year 2018 Results

January 23, 2019 4:15 PM EST

Reports Record Financial Results

STAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI) today announced financial results for the fourth quarter and full year 20181.

For the fourth quarter of 2018, total revenue increased 20.0% to $2.306 billion and rental revenue increased 20.8% to $1.989 billion. On a GAAP basis, the company reported fourth quarter net income of $310 million, or $3.80 per diluted share ("EPS"), compared with $897 million, or $10.45 per diluted share, for the same period in 2017. Adjusted EPS2 for the quarter was $4.85 per diluted share, compared with $11.37 for the... More