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United Rentals, Inc. (URI) Q1 2024 Earnings Call Transcript

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) announced today that its Board of Directors declared a quarterly cash dividend of $1.63 per share of URI common stock. The dividend will be payable on May 22, 2024 to stockholders of record at the close of business on May 8, 2024. About United Rentals United Rentals, Inc. is the largest equipment rental company in the world. The...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced financial results for the first quarter of 2024 and raised its full-year 2024 guidance to include the expected financial contribution from the company's acquisition of Yak1 on March 15, 2024. First Quarter 2024 Highlights Total revenue of $3.485 billion, including rental revenue2 of $2.929 billion. Net income of ...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) will hold its first quarter 2024 conference call with Matt Flannery, chief executive officer, and Ted Grace, chief financial officer, on Thursday, April 25, 2024 at 8:30 a.m. Eastern Time. The conference call is available live by audio webcast at unitedrentals.com, where it will be archived until the next earnings call. The call...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it has been recognized as one of America's Best Employers 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. America's Best Employers have been identified in an independent survey ...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has completed its previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity for approximately $1.1 billion in cash. The transaction and related expenses were funded th...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced it has added battery energy systems for tower cranes to its North American rental fleet. Developed by Termaco in collaboration with United Rentals, this innovative system provides clean, sustainable power that enables contractors to reduce fuel consumption and equipm...

STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% Senior Notes due 2034 (the “Notes”) in a private offering. URNA's obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA's do...