More on United Rentals (URI): Q2 beats on a per share basis, but comes up short on revenue,...

|By:, SA News Editor

More on United Rentals (URI): Q2 beats on a per share basis, but comes up short on revenue, despite a 57% Y/Y jump in total sales. Rental revenue increased 6.5% Y/Y,  but margins came in lower as time utilization rates declined slightly. The company also issued a cautious outlook for the remainder of the year. Shares -2.7% AH.