WASHINGTON (dpa-AFX) - United Rentals, Inc. (URI) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $679 million, or $10.01 per share. This compares with $639 million, or $9.15 per share, in last year's fourth quarter.
Excluding items, United Rentals, Inc. reported adjusted earnings of $11.26 per share for the period.
Analysts on average had expected the company to earn $10.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.4% to $3.73 billion from $3.29 billion last year.
United Rentals, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $679 Mln. vs. $639 Mln. last year. -EPS (Q4): $10.01 vs. $9.15 last year. -Analyst Estimate: $10.93 -Revenue (Q4): $3.73 Bln vs. $3.29 Bln last year.
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