Sunbelt Rentals Lifts FY27 Revenue Growth Outlook to 6%-9%
SUNB sits 17% above its 52-week low of $61.03 on elevated volume (2.2× avg).
Summary
Sunbelt Rentals raised its fiscal 2027 revenue growth guidance to 6%-9%, an upward revision from prior expectations. The company also raised its fiscal 2027 adjusted EBITDA guidance to $4.92 billion-$5.12 billion. This follows a challenging fiscal 2026 where net income fell 14.7% and EPS declined 11.5% amid higher costs and restructuring. In the first quarter, revenue and profit beat estimates, supporting the improved outlook. The company recently completed a $1.2 billion senior notes offering and has a $1.5 billion buyback underway, providing capital flexibility.
At the time of this announcement, SUNB was trading at $71.13 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $28.4B. The 52-week trading range was $61.03 to $86.68. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.