Welcome to our dedicated page for United Rental news (Ticker: URI), a resource for investors and traders seeking the latest updates and insights on United Rental stock.
United Rentals, Inc. reports news on its equipment rental business serving construction, industrial, utility, municipal and homeowner customers. Company updates commonly cover rental revenue, fleet productivity, adjusted EBITDA, guidance, capital allocation and quarterly dividends, along with activity across general rentals and specialty rental offerings.
Recurring developments also include digital and jobsite tools such as Worksite Performance Solutions, United Academy training programs, the Equipment Agent AI assistant and telematics integrations. Governance updates, board composition and investor conference participation appear alongside operating results and customer-focused safety initiatives.
United Rentals, Inc. (NYSE: URI) has surpassed 335,000 telematics-equipped equipment units in its rental fleet, enhancing productivity and safety on jobsites. Telematics technology allows customers to track the condition, utilization, location, and performance of their equipment, which in turn improves operational efficiency. The technology leads to better equipment uptime, optimized utilization, enhanced safety, and supports sustainability initiatives by providing insights into environmental impacts. United Rentals operates 1,462 rental locations across North America, Europe, Australia, and New Zealand, offering around 4,600 equipment classes.
United Rentals, Inc. (NYSE: URI) will participate in the 15th Annual Evercore ISI Industrial Conference on March 7, 2023. The presentation will feature CEO Matt Flannery and CFO Ted Grace, starting at 3:00 p.m. ET. Investors can access the presentation at this link or on www.ur.com where it will be archived for 30 days. United Rentals is the largest equipment rental company globally, operating 1,462 locations across North America, Europe, Australia, and New Zealand, with a workforce of around 24,600 employees.
United Rentals, Inc. (NYSE: URI) will participate in the Citi 2023 Global Industrial Tech and Mobility Conference on February 22, 2023. The presentation, led by CEO Matt Flannery and CFO Ted Grace, is scheduled for 4:20 p.m. ET. Interested parties can access the presentation via this link, with an archived version available on www.ur.com for 30 days after the event. United Rentals is the largest equipment rental company worldwide, featuring 1,462 rental locations across North America, Europe, Australia, and New Zealand, offering about 4,600 equipment classes with a total original cost of $19.61 billion.
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United Rentals (URI) reported strong fourth-quarter and full-year 2022 results, including total revenue of $3.296 billion and net income of $639 million, marking a year-over-year revenue growth of 18.8%. The company initiated a $1.48 per share quarterly dividend, yielding approximately 1.5%, and plans to repurchase $1 billion in stock in 2023. For 2023, URI expects revenue between $13.7 billion and $14.2 billion and adjusted EBITDA between $6.6 billion and $6.85 billion. The CEO emphasized the integration of Ahern Rentals and the company's robust cash flow, projecting to return $1.4 billion to shareholders this year, underscoring a commitment to long-term value creation.
United Rentals, Inc. (NYSE: URI) has been named a Glassdoor Employees’ Choice Award winner, recognized as one of the Best Places to Work in 2023. This award is unique as it relies solely on anonymous employee feedback collected from October 2021 to October 2022. The selection process considers various workplace attributes, including company rating and career opportunities. The organization's commitment to workforce development, safety, and diversity has been highlighted, as it also maintains an award-winning safety program.
United Rentals, Inc. (NYSE: URI) will host its fourth quarter and full year 2022 conference call on January 26, 2023, at 11:00 a.m. ET. The call will feature CEO Matt Flannery and CFO Ted Grace. The press release will be available after market close on January 25, 2023, on unitedrentals.com. United Rentals is the world's largest equipment rental company, operating 1,449 locations globally, with a workforce of approximately 24,700 employees and over 4,700 equipment classes, amounting to an original cost of $19.3 billion.
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