United Rentals Announces Fourth Quarter and Full Year 2019 Results

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United Rentals (URI) Tops Q4 EPS by 39c, Revenues Beat; Offers FY20 Revenue Outlook, Announces New $500M Share Buyback Plan

January 29, 2020 4:19 PM EST

United Rentals (NYSE: URI) reported Q4 EPS of $5.60, $0.39 better than the analyst estimate of $5.21. Revenue for the quarter came in at $2.46 billion versus the consensus estimate of $2.41 billion.

Matthew Flannery, chief executive officer of United Rentals, said, Our fourth quarter contributed to a solid year of profitable growth and returns. Results were driven by growth in our core construction end-markets, while... More