Sunbelt Rentals' Fiscal Q4 Adjusted Earnings Fall, Revenue Rises; Fiscal 2027 Revenue Growth Outlook Issued

MT Newswires Live

06/23

Sunbelt Rentals (SUNB) reported fiscal Q4 adjusted earnings Tuesday of $0.74 per share, down from $0.81 a year earlier.

Analysts polled by FactSet expected $0.74.

Revenue for the fiscal quarter ended April 30 was $2.75 billion, up from $2.53 billion a year earlier.

Analysts surveyed by FactSet expected $2.64 billion.

For fiscal 2027, the equipment rental company expects revenue growth of 4.5% to 7.5%.

Shares of the company were down 2% in premarket activity.

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