STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — United Rentals Inc. (URI) on Wednesday reported second-quarter net income of $591 million.
The Stamford, Connecticut-based company said it had profit of $8.58 per share. Earnings, adjusted for non-recurring costs, were $9.88 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $9.23 per share.
The equipment rental company posted revenue of $3.55 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $3.43 billion.
United Rentals expects full-year revenue in the range of $14 billion to $14.3 billion.
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