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NEW YORK - United Rentals , Inc. (NYSE:URI) reported first quarter results that topped revenue expectations, while reaffirming its full-year 2025 guidance. The equipment rental company’s shares rose 1.8% in after-hours trading following the release.
United Rentals posted adjusted earnings per share of $8.86 for the first quarter, slightly below the analyst consensus of $8.96. However, revenue came in at $3.72 billion, surpassing estimates of $3.61 billion.
Total (EPA:TTEF) revenue increased 7.4% year-over-year, driven by a 7.4% rise in equipment rental revenue to $3.15 billion. The company cited solid demand across both construction and industrial end-markets.
"2025 is off to a solid start, reflecting demand across both our construction and industrial end-markets," said CEO Matthew Flannery. "I’m pleased with the team’s commitment to putting our customers first, which ultimately translated to record first-quarter revenue and adjusted EBITDA."
United Rentals reaffirmed its full-year 2025 guidance, projecting revenue between $15.6 billion and $16.1 billion. This outlook is below the current analyst consensus of $16.58 billion.
The company’s net income margin decreased to 13.9% from 15.6% a year ago, while adjusted EBITDA margin declined to 44.9% from 45.5%.
United Rentals also announced a new $1.5 billion share repurchase program, which it expects to complete by the end of the first quarter of 2026.
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