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United Rentals (NYSE:URI) is expected to report Q4 earnings Thursday with a conference call scheduled for Friday at 11:00 a.m. ET.

Guidance

Analysts are looking for United Rentals to post a Q4 EPS of 73c on revenue of $944.94M. The consensus range is 70c to 75c for EPS and revenue range of $928M to $975.92M, according to First Call. United Rentals gave guidance on January 10 expecting FY07 EPS $2.55-$2.60 vs. consensus of $2.61 and FY07 revenue $3.73B vs. consensus of $3.79B.

Analyst Views

UBS Financial upgraded United Rentals to Buy from Neutral on January 3, citing valuation and potential renewed cost reduction programs. Jefferies maintained its Hold rating for United Rentals, stating 2008 outlook is dependent on cost savings, the firm believes concerns over further weakness in the non-residential construction markets is likely to limit upside in the shares.

Note that United Rentals received a $100M termination fee in December from Cerberus Capital Management, who was supposed to buy United Rentals over the summer, but backed out because it couldn't find financing.
Source: Earnings Preview: United Rentals