NYSE:URITrade Distributors
United Rentals (URI) Valuation Spotlight After Record Q2 Sales, Guidance Boost, and Buyback Expansion
United Rentals (URI) just delivered its second-quarter results, and there’s plenty for investors to consider. The company posted record revenue, outpacing Wall Street’s sales forecasts, even though earnings came in a bit shy of expectations. Alongside these numbers, management raised its full-year outlook and increased this year’s share buyback target by $400 million. These moves signal confidence in ongoing demand and a clear intent to reward shareholders.
This latest set of results is part...