United Rentals Posts $920M Q3 Net Income
URI sits 53% above its 52-week low of $701.59.
Summary
United Rentals reported third-quarter net income of $920 million, up from $753 million in Q2, a roughly 22% sequential jump. Third-quarter revenue was $4.89 billion, compared with the second quarter, when revenue rose 11.8% to $4.41 billion. Earnings per share came in at $14.77. The company called the quarter record results and raised its full-year 2026 guidance. The company has been buying back stock under its $5 billion authorization and raising the dividend, which supports per-share results.
At the time of this announcement, URI was trading at $1,075.97 on NYSE in the Trade & Services sector, with a market capitalization of approximately $66.5B. The 52-week trading range was $701.59 to $1,179.18. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.