United Rentals raises full-year outlook after Q2 earnings top estimates
Seeking Alpha ·
United Rentals Inc. ( URI ) raised its full-year financial outlook after reporting record second-quarter results that topped Wall Street expectations, sending shares up 10% in extended trading Wednesday. The world's largest equipment rental company reported second-quarter revenue of $4.41 billion, ahead of analysts' consensus
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United Rental's second-quarter results topped expectations, driving up the company's full-year financial forecast. As a result, URI's stock price rose 10%.
상승 영향
- Construction — Increased demand for equipment rental due to the activation of construction and infrastructure projects.
- Semiconductors — Increased demand for equipment rental due to the activation of construction and infrastructure projects related to semiconductor industry.
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