United Rentals Q2 Profit Down, But Tops View

(RTTNews) - United Rentals, Inc. (URI) Wednesday reported second-quarter net income of $86 million or $0.88 per share, down from $94 million or $0.90 per share last year.

Adjusted earnings improved to $1.95 per share from $1.65 per share last year.

Revenues for the quarter rose to $1.429 billion from $1.399 billion last year. Rental revenues increased to $1.220 billion from $1.179 billion last year.

Analysts polled by Thomson Reuters expected the company to report profit per share of $1.74 on revenues of $1.45 billion for the quarter. Analysts' estimates typically exclude special items.