United Rentals Announces Fourth Quarter 2020 Results
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United Rentals (URI) Tops Q4 EPS by 85c, Revenues Beat; Offers FY21 Revenue Guidance Above Consensus
January 27, 2021 4:18 PM ESTUnited Rentals (NYSE: URI) reported Q4 EPS of $5.04, $0.85 better than the analyst estimate of $4.19. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.16 billion.
Fourth Quarter 2020 Highlights
Total revenue of $2.279 billion, including rental revenue2 of $1.854 billion.Fleet productivity3 decreased 3.8% year-over-year, mainly due to lower rental volumes; fleet productivity improved 420 basis points sequentially, primarily due to better fleet... More