United Rentals (URI) Tops Q1 EPS by 26c, Reaffirms FY Guidance
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United Rentals Announces First Quarter 2019 Results
April 17, 2019 4:15 PM EDTReports Solid Start to 2019
STAMFORD, Conn.--(BUSINESS WIRE)-- United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 20191.
Total revenue increased 22.1% to $2.117 billion and rental revenue increased 23.0% to $1.795 billion. On a GAAP basis, the company reported first quarter net income of $175 million, or $2.19 per diluted share ("EPS"), compared with $183 million, or $2.15 per diluted share, for the same period in 2018. Adjusted EPS2 for the quarter increased 15.3% year-over-year to $3.31 per diluted share.
Adjusted EBITDA2 increased 18.1% year-over-year to $921 million, while... More
