More on United Rentals (URI): Q1 EPS blows out estimates, swinging to a profit on the quarter as...

|By:, SA News Editor

More on United Rentals (URI): Q1 EPS blows out estimates, swinging to a profit on the quarter as rental volumes and rates continue to improve despite a weak construction market. Revenue jumped 25% Y/Y as margins were strengthened by a surge in equipment demand, as increasingly more construction and industrial companies opt to rent rather than own heavy equipment. Shares +8.9% AH.