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United Rentals (URI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
United Rentals (URI - Free Report) reported $3.3 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 18.7%. EPS of $9.74 for the same period compares to $7.39 a year ago.
The reported revenue represents a surprise of +0.12% over the Zacks Consensus Estimate of $3.29 billion. With the consensus EPS estimate being $10.12, the EPS surprise was -3.76%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how United Rentals performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for United Rentals here>>>
Shares of United Rentals have returned +9.8% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.