United Rentals Bottom Line Drops 13% In Q4

(RTTNews) - United Rentals (URI) announced a profit for fourth quarter that decreased compared to the same period last year.

The company said its profit declined to $169 million, or $1.81 per share. This was lower than $194 million, or $1.88 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 2.6% to $1.52 billion. This was down from $1.56 billion last year.

United Rentals earnings at a glance:

-Earnings (Q4): $169 Mln. vs. $194 Mln. last year. -Earnings Decline (Y-o-Y): -12.9% -EPS (Q4): $1.81 vs. $1.88 last year. -EPS Decline (Y-o-Y): -3.7% -Revenue (Q4): $1.52 Bln vs. $1.56 Bln last year. -Revenue Change (Y-o-Y): -2.6%

-Guidance: Full year revenue guidance: $5.65 - $5.95 Bln