Masco currently boasts a Zacks Rank of #3 (Hold). Compared to the company's year-ago EPS, this represents a change of -31.6%.
Masco's consensus EPS estimate for the upcoming report has changed -0.2% over the past month to $0.65. Over the past month, MAS has returned -8.9%. United Rentals has a large fleet selection of aerial work platforms, air compressors, air tools, compaction equipment, concrete & masonry, earthmoving equipment, forklifts & material handling, lawn & landscape, light towers & generators, power & HVAC, pumps & filtration. Another stock from the same industry, Masco (MAS), closed the last trading session 2.3% higher at $51.30. United Rentals is the largest equipment rental company in the world, operating throughout the United States and Canada. United Rentals belongs to the Zacks Building Products - Miscellaneous industry. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here > The stock currently carries a Zacks Rank #2 (Buy). So, make sure to keep an eye on URI going forward to see if this recent jump can turn into more strength down the road. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.įor United Rentals, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Revenues are expected to be $3.09 billion, up 22.3% from the year-ago quarter. This equipment rental company is expected to post quarterly earnings of $7.93 per share in its upcoming report, which represents a year-over-year change of +38.4%. In 2023, URI is expected to witness another profitable year buoyed by federally funded infrastructure projects, industrial manufacturing, energy and power projects. The company is benefiting from persistent share growth opportunities for certain non-residential verticals. This compares to the stock's 18% loss over the past four weeks. The move was backed by solid volume with far more shares changing hands than in a normal session. Additional information about United Rentals is available at Rentals URI shares soared 5.2% in the last trading session to close at $398.29. United Rentals is a member of the Standard & Poor’s 500 Index, the Barron’s 400 Index and the Russell 3000 Index® and is headquartered in Stamford, Conn. The company offers approximately 4,300 classes of equipment for rent with a total original cost of $15.97 billion. The company’s approximately 20,850 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. In North America, the company operates in 49 states and every Canadian province. The company has an integrated network of 1,301 rental locations in North America, 13 in Europe, 28 in Australia and 18 in New Zealand. is the largest equipment rental company in the world. We wish Jess every success with her next opportunity." In addition, he will ensure that our investors have continuity of access to management.”įlannery continued, “I want to thank Jess for her exemplary leadership during a period of significant growth for United Rentals, as well as intense macro disruption - all successfully navigated with a strong financial strategy and effective capital management. Ted is well versed in areas of the business that relate to his expanded responsibilities as interim CFO. Matthew Flannery, chief executive officer of United Rentals, said, “We expect this to be a seamless transition between two seasoned executives who have worked closely together for years, underpinned by a robust finance organization. Grace will continue to be the primary investor contact as interim chief financial officer and will serve in this dual role while the company undertakes an executive search process. He has built enduring relationships with the investment community over the course of his career, including two decades as an investment banker and research analyst with leading institutions. Grace joined United Rentals in 2016 as vice president and head of investor relations, and has been an integral leader across all aspects of the finance function during his tenure. She will remain in an active role with United Rentals through July 29 to ensure a smooth transition to Ted Grace, who has been appointed interim chief financial officer. Graziano joined the United Rentals finance organization in 2014, and was named CFO in 2018. (NYSE: URI) today announced that Jessica Graziano, executive vice president and chief financial officer, will be leaving the company on July 29, 2022, for another opportunity.
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