STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — United Rentals Inc. (URI) on Wednesday reported second-quarter net income of $636 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of $9.54. Earnings, adjusted for non-recurring costs, were $10.70 per share.
The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $10.48 per share.
The equipment rental company posted revenue of $3.77 billion in the period, which met Street forecasts.
United Rentals expects full-year revenue in the range of $15.05 billion to $15.35 billion.
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