BUZZ-United Rental rises after Q1 earnings beat

Reuters
04-24
BUZZ-United Rental rises after Q1 earnings beat

** Shares of United Rentals URI.N rise 6% to $625 in early trading

** Co's Q1 earnings beat Wall Street expectations, helped by robust demand across its construction and industrial end-markets

** URI posts Q1 adj. EPS of $8.86 per share vs analysts' average estimate of $8.83 per share - data compiled by LSEG

** Co reports Q1 total revenue of $3.72 billion vs estimates of 3.60 billion

** 12 of 23 brokerages rate stock "buy" or higher, 8 "hold" and 3 "sell"; their median PT is $668 - LSEG data

** As of last close, stock has fallen 16.4% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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