Edition:
United States

United Rentals Inc (URI.N)

URI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

United Rentals reports Q2 adj. EPS $2.37, raises 2017 guidance
Wednesday, 19 Jul 2017 04:15pm EDT 

July 19 (Reuters) - United Rentals Inc :United rentals announces second quarter 2017 results.Q2 adjusted earnings per share $2.37.Q2 GAAP earnings per share $1.65.Q2 revenue $1.597 billion versus i/b/e/s view $1.56 billion.Q2 earnings per share view $2.29 -- Thomson Reuters I/B/E/S.United rentals inc - raises 2017 guidance.United rentals inc sees FY 2017 total revenue $6.25 billion to $6.40 billion.United rentals sees FY17 net rental capital expenditures $1.05 billion to $1.15 billion, after gross purchases of $1.55 billion to $1.65 billion.United rentals sees fy17 adjusted EBITDA $2.95 billion to $3.03 billion.  Full Article

United Rentals reports Q1 gaap earnings per share $1.27
Wednesday, 19 Apr 2017 04:15pm EDT 

April 19 (Reuters) - United Rentals Inc -:United Rentals announces first quarter 2017 results.Q1 adjusted earnings per share $1.63.Q1 gaap earnings per share $1.27.Q1 revenue $1.356 billion versus i/b/e/s view $1.33 billion.Q1 earnings per share view $1.48 -- Thomson Reuters I/B/E/S.United Rentals Inc - raises 2017 guidance to reflect acquisition of nes rentals.United Rentals Inc sees fy 2017 total revenue $6.05 billion to $6.25 billion.United rentals inc sees 2017 adjusted ebitda $2.835 billion to $2.985 billion.United Rentals Inc sees 2017 free cash flow $800 million to $900 million.Fy2017 revenue view $6.09 billion -- Thomson Reuters I/B/E/S.  Full Article

United Rentals CEO Michael Kneeland's FY 2016 total compensation was $11.64 mln vs $8.1 mln in FY 2015
Tuesday, 21 Mar 2017 04:48pm EDT 

United Rentals Inc :CEO Michael Kneeland's FY 2016 total compensation was $11.64 million versus $8.1 million in fy 2015 - sec filing.  Full Article

United Rentals announces pricing of add-on offering of senior notes due 2026, 2027
Wednesday, 22 Feb 2017 05:26pm EST 

United Rentals Inc - : United Rentals announces pricing of add-on offering of $250 million of 5.875% senior notes due 2026 and $250 million of 5.500% senior notes due 2027 .United Rentals -unit priced $250 million offering of its 5.875% senior notes due 2026 at an issue price of 104.625% of aggregate principal for yield of 5.253%.  Full Article

United Rentals to acquire NES Rentals
Wednesday, 25 Jan 2017 04:52pm EST 

United Rentals Inc : United Rentals to acquire NES Rentals . United Rentals to acquire NES Rentals . United Rentals Inc - deal for $965 million . United Rentals Inc - deal for $965 million . United Rentals Inc - deal for $965 million . United Rentals Inc -deal expected to be broadly accretive with substantial synergies . United Rentals Inc - board of directors of United Rentals and Diamond Castle Holdings Llc, majority owner of NES, unanimously approved agreement . United Rentals Inc - plans to update its 2017 financial outlook to reflect combined operations upon completion of transaction . United Rentals Inc - transaction is not conditioned on financing . Transaction is not conditioned on financing . United Rentals-expects to use combination of cash, existing capacity under its ABL facility, and issued term debt to fund transaction and related expenses . United Rentals Inc says board of directors of United Rentals and Diamond Castle Holdings Llc, majority owner of NES, unanimously approved agreement . United Rentals - deal is expected to be immediately accretive to adjusted earnings per share and free cash flow generation for full year 2017 . United Rentals - acquisition expected to be immediately accretive to united rentals' adjusted earnings per share,free cash flow generation for FY 2017.  Full Article

United Rentals reports Q4 GAAP earnings per share $1.80
Wednesday, 25 Jan 2017 04:28pm EST 

United Rentals Inc : United Rentals announces fourth quarter and full year 2016 results . Q4 adjusted earnings per share $2.67 . Q4 revenue $1.523 billion versus I/B/E/S view $1.5 billion . Q4 earnings per share view $2.24 -- Thomson Reuters I/B/E/S . Q4 GAAP earnings per share $1.80 . United Rentals Inc says provides 2017 outlook . United Rentals Inc sees 2017 total revenue $5.75 billion to $5.95 billion . United Rentals Inc sees 2017 adjusted ebitda $2.7 billion to $2.85 billion . Sees 2017 free cash flow $650 million to $750 million .United rentals-intends to complete share repurchase program; however, will re-evaluate decision as it integrates nes, assesses other uses of capital.  Full Article

United Rentals announces redemption of 7.375% senior notes due 2020
Wednesday, 20 Jul 2016 09:17pm EDT 

United Rentals Inc : United rentals inc says notes will be redeemed at a redemption price equal to 103.688% of principal amount of notes . Expects to use borrowings of $211 million under senior secured asset-based revolving credit facility to redeem notes,pay related expenses . Its unit to redeem all of outstanding $200 million principal amount of its 7.375% senior notes due 2020 on august 19, 2016 .United rentals announces redemption of 7.375% senior notes due 2020.  Full Article

United Rentals Q2 adj earnings per share $2.06
Wednesday, 20 Jul 2016 04:10pm EDT 

United Rentals Inc : FY2016 earnings per share view $7.66, revenue view $5.67 billion -- Thomson Reuters I/B/E/S . United rentals announces second quarter 2016 results . Q2 adjusted earnings per share $2.06 . Q2 gaap earnings per share $1.52 . Q2 revenue $1.421 billion versus I/B/E/S view $1.4 billion . Q2 earnings per share view $1.82 -- Thomson Reuters I/B/E/S .Reaffirms 2016 financial outlook.  Full Article

United Rentals announces redemption of 7.375% senior notes due 2020
Wednesday, 20 Jul 2016 03:00pm EDT 

United Rentals Inc : United rentals inc says notes will be redeemed at a redemption price equal to 103.688% of principal amount of notes . Expects to use borrowings of $211 million under senior secured asset-based revolving credit facility to redeem notes,pay related expenses . Its unit to redeem all of outstanding $200 million principal amount of its 7.375% senior notes due 2020 on august 19, 2016 .United rentals announces redemption of 7.375% senior notes due 2020.  Full Article

United Rentals says enters amendments to asset-based loan facility
Wednesday, 8 Jun 2016 05:13pm EDT 

United Rentals Inc :Effective as of June 8, Co, units entered amendment to ABL facility governed by 2nd amended credit agreement, dated as of March 31, 2015.  Full Article