Seeking Alpha
Recommended for you:
Long/short equity, contrarian, short-term horizon, dividend investing
Profile| Send Message|
( followers)  

United Rentals, Inc. (NYSE:URI) is due to report earnings after the closing bell on October 18, 2011.

Overview

URI trades an average of 2.9 million shares per day. United Rentals, Inc., through its subsidiaries, operates as an equipment rental company in the United States and Canada. The company was founded in 1997 and is headquartered in Greenwich, Connecticut.

52 Week High: $34.78

52 Week Low: $12.81

Book Value: $0.38

Float Short: 24.78%

Analysts are expecting an improvement of $0.36 in earnings per share compared to last quarter's results of $0.40. The number to beat is $0.76 per share, based on the estimated mean earnings. Analyst estimates range between $0.73 and $0.80 per share. The P/E ratio has dropped, as the current trailing twelve months (ttm) P/E ratio is 187, while the forward P/E ratio is now 14.6. An upside earnings report may put a lot of wind in the sails. In the last month, the stock has increased in price 24.48%, with a one year change of 36.48%. Compared to the S&P 500, the year to date difference is -5.02%.

The company has falling revenue year-over-year of $2.24 billion for 2010 vs. $2.36 billion for 2009. The bottom line has rising earnings year-over-year of $-26.00 million for 2010 vs. $-62.00 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $197.00 million for 2010 vs. $114.00 million for 2009.

paid2trade.com revenue gross bar chart for URI

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Jun-11 $ 632.90 M $ 629.00 M $ -3.90 M -0.62%
Mar-11 $ 550.98 M $ 523.00 M $ -27.98 M -5.08%
Dec-10 $ 574.81 M $ 597.00 M $ 22.19 M 3.86%
Sep-10 $ 597.75 M $ 605.00 M $ 7.25 M 1.21%
Jun-10 $ 524.55 M $ 557.00 M $ 32.45 M 6.19%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)

Reported earnings per share compared to the mean estimate. Differences are rounded.

I use a proprietary blend of technical analysis, financial crowd behavior and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

Source: Earnings Preview: United Rentals, Inc. Reports 3Q Results Tuesday