STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — United Rentals Inc. (URI) on Wednesday reported second-quarter net income of $622 million.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $9.59. Earnings, adjusted for costs related to mergers and acquisitions and asset impairment costs, came to $10.47 per share.
The results missed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $10.54 per share.
The equipment rental company posted revenue of $3.94 billion in the period, topping Street forecasts. Nine analysts surveyed by Zacks expected $3.91 billion.
United Rentals expects full-year revenue in the range of $15.8 billion to $16.1 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on URI at https://www.zacks.com/ap/URI
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