This is our first report on United Rentals, one of the largest equipment rental companies in the world, known for renting out construction, aerial and industrial equipment, general tools and light equipment. The company delivered a mixed result failing to meet revenue expectations of Wall Street but managed an earnings beat. It is operating in a favorable operational climate. The company’s fleet productivity increased by roughly 9%, while rental revenue increased by 20% year over year in the las ....

13 Jan 2023
United Rentals, Inc.: Initiation of Coverage – Acquisition-Led Growth & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)

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United Rentals, Inc.: Initiation of Coverage – Acquisition-Led Growth & Other Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)
- Published:
13 Jan 2023 -
Author:
Ishan Majumdar -
Pages:
26 -
This is our first report on United Rentals, one of the largest equipment rental companies in the world, known for renting out construction, aerial and industrial equipment, general tools and light equipment. The company delivered a mixed result failing to meet revenue expectations of Wall Street but managed an earnings beat. It is operating in a favorable operational climate. The company’s fleet productivity increased by roughly 9%, while rental revenue increased by 20% year over year in the las ....