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United Kingdom

United Rentals Inc (URI.N)

URI.N on New York Stock Exchange

168.96USD
19 Sep 2018
Change (% chg)

$1.91 (+1.14%)
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Volume
288,083
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Latest Key Developments (Source: Significant Developments)

United Rentals Announces Second Quarter 2018 Results And Raises 2018 Guidance
Wednesday, 18 Jul 2018 

July 18 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES SECOND QUARTER 2018 RESULTS AND RAISES 2018 GUIDANCE.Q2 ADJUSTED EARNINGS PER SHARE $3.85.Q2 GAAP EARNINGS PER SHARE $3.20.Q2 REVENUE $1.891 BILLION VERSUS I/B/E/S VIEW $1.85 BILLION.Q2 EARNINGS PER SHARE VIEW $3.45 -- THOMSON REUTERS I/B/E/S.SEES 2018 TOTAL REVENUE $7.5 BILLION TO $7.7 BILLION.SEES 2018 ADJUSTED EBITDA $3.675 BILLION TO $3.775 BILLION.SEES 2018 NET CASH PROVIDED BY OPERATING ACTIVITIES $2.675 BILLION TO $2.825 BILLION.  Full Article

United Rentals Names Jessica Graziano CFO, Effective Oct. 12
Monday, 2 Jul 2018 

July 2 (Reuters) - United Rentals Inc ::WILLIAM PLUMMER TO RETIRE AS CHIEF FINANCIAL OFFICER OF UNITED RENTALS.BOARD HAS APPOINTED JESSICA GRAZIANO AS CHIEF FINANCIAL OFFICER, EFFECTIVE OCTOBER 12.SAYS CFO WILLIAM PLUMMER TO RETIRE.  Full Article

United Rentals Announces Extension Of Exchange Offer For URNA’s 4.875% Senior Notes Due 2028
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - United Rentals Inc ::UNITED RENTALS ANNOUNCES EXTENSION OF EXCHANGE OFFER FOR URNA’S 4.875% SENIOR NOTES DUE 2028.UNITED RENTALS - AS RESULT OF EXTENSION, EXCHANGE OFFER IS NOW SCHEDULED TO EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON DEC 15, UNLESS FURTHER EXTENDED.  Full Article

United Rentals reports Q3 adjusted earnings per share $3.25
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - United Rentals Inc :United Rentals announces third quarter 2017 results.Q3 adjusted earnings per share $3.25.Q3 GAAP earnings per share $2.33.Q3 revenue $1.766 billion versus I/B/E/S view $1.71 billion.Q3 earnings per share view $2.98 -- Thomson Reuters I/B/E/S.Qtrly ‍pro forma rental revenue increased 8.9% year-over-year​.‍Raised 2017 gross capex plan by up to $200 million.Sees FY 2017 revenue $6.525 billion to $6.625 billion‍​.  Full Article

United Rentals to buy Neff Corporation for about $1.3 bln
Thursday, 17 Aug 2017 

Aug 16 (Reuters) - United Rentals Inc - :United Rentals to acquire Neff Corporation.Deal for approximately $1.3 billion.Entered into a definitive agreement under which United Rentals will acquire Neff for $25 per share in cash.United Rentals Inc - for full year 2017, Neff is expected to generate $207 million of adjusted ebitda at a 49.5 percent margin on $419 million of total revenue.Boards of directors of United Rentals and Neff unanimously approved agreement.Transaction is expected to be immediately accretive to cash eps and free cash flow.United Rentals - immediately prior to entering agreement with United Rentals, Neff terminated its previous agreement with H&E equipment services, Inc.United Rentals - in connection with this termination, united rentals has paid H&E a termination fee of approximately $13.2 million on behalf of Neff..Transaction is not conditioned on financing.United Rentals - Co to use combination of cash, existing capacity under its ABL facility, and newly issued debt to fund deal and related expenses..  Full Article