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Valued at a market cap of $50.3 billion, United Rentals, Inc. (URI) is a prominent equipment rental provider. The company, headquartered in Stamford, Connecticut, offers a broad suite of equipment solutions serving industrial and construction firms, utilities, municipalities, and homeowners. United Rentals is set to announce its Q2 earnings on Wednesday, Jul. 23.
Ahead of the event, analysts expect URI to report a profit of $10.59 per share, down 1% from $10.70 per share in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in two of its last four quarterly reports, while missing on two other occasions.