United Rentals, Inc. Q4 Profit Increases, but misses estimates
(RTTNews) - United Rentals, Inc. (URI) revealed a profit for its fourth quarter that increased from the same period last year but missed the Street estimates.
The company's earnings came in at $639 million, or $9.15 per share. This compares with $481 million, or $6.61 per share, in last year's fourth quarter.
Excluding items, United Rentals, Inc. reported adjusted earnings of $9.74 per share for the period.
Analysts on average had expected the company to earn $10.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
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