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United Rentals: Q2 Earnings Snapshot
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STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — United Rentals Inc. (URI) on Wednesday reported second-quarter profit of $753 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of $12.03. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were $12.76 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $11.67 per share.

The equipment rental company posted revenue of $4.41 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $4.24 billion.

United Rentals expects full-year revenue in the range of $17.5 billion to $17.8 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on URI at https://www.zacks.com/ap/URI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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