Microvast Holdings announces departure of chief financial officer
STAMFORD, Conn. - United Rentals , Inc. (NYSE:URI) reported second quarter revenue of $3.94 billion, slightly above the consensus estimate of $3.9 billion. However, the company’s adjusted earnings per share came in at $9.59, falling $0.91 short of analysts’ expectations of $10.50. The world’s largest equipment rental company saw its shares rise 0.8% following the announcement.
The company also announced a quarterly cash dividend of $1.79 per share after reporting second quarter revenue that exceeded analyst expectations despite an earnings miss.
For fiscal year 2025, United Rentals provided revenue guidance in the range of $15.8 billion to $16.1 billion. The midpoint of this guidance at $15.95 billion is slightly above the analyst consensus of $15.877 billion, which likely contributed to the modest stock price increase.
The quarterly dividend of $1.79 per share will be payable on August 27, 2025, to stockholders of record as of August 13, 2025.
United Rentals operates an integrated network of 1,615 rental locations in North America, 40 in Europe, 39 in Australia, and 19 in New Zealand. The company employs approximately 27,500 people and maintains a rental equipment fleet with a total original cost of $22.09 billion.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.