Equity Profile

URI

United Rentals, Inc.

IndustrialsTrading Companies & Distributors$66.2B

Apr29Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

United Rentals, Inc. is a leading equipment rental company in the industrial sector, providing a wide range of construction and industrial equipment to various industries....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$11.65

Revenue

Revenue growth reflects the company's ability to generate sales and indicates demand for its rental services.

$4.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

URI Q2-2026 Earnings Preview

Context

Company Snapshot

United Rentals, Inc. is a leading equipment rental company in the industrial sector, providing a wide range of construction and industrial equipment to various industries. With a market cap of $67 billion, it plays a crucial role in the construction and infrastructure sectors, which are influenced by economic cycles and infrastructure spending trends.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-2.50%

Avg Stock Reaction

-0.55%

Last Quarter Recap

In Q1 2026, United Rentals reported an EPS of $9.71, exceeding estimates by 7.78%. However, revenue details were not disclosed, and the stock experienced a slight decline the following day.

Management Promises & Guidance

Focus on maintaining equipment utilization rates.
Commitment to expanding rental fleet offerings.
Plans to enhance customer service and operational efficiency.

Expectations

Wall Street Expectations

Analysts are generally optimistic, expecting United Rentals to report solid earnings driven by strong demand in the construction sector. However, there are concerns about potential economic headwinds affecting future growth.

Bull Case

If the company beats EPS estimates and shows strong revenue growth, it could signal robust demand and operational efficiency, leading to a positive market reaction.

Bear Case

Conversely, if earnings fall short of expectations or management provides cautious guidance, it could raise concerns about slowing demand and impact the stock negatively.

Key Metrics to Watch

Earnings Per Share (EPS)

$11.65

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue

$4.2B

Revenue growth reflects the company's ability to generate sales and indicates demand for its rental services.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will the EPS exceed the consensus estimate of $11.65?

A beat on EPS could indicate stronger profitability and operational efficiency, which would be positively received by the market.

What guidance will management provide regarding future revenue growth?

Management's outlook on revenue growth will be critical in assessing the company's ability to navigate potential economic challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for revenue growth due to increased infrastructure spending, which could boost demand for rental equipment.

Supporting Evidence

The construction sector is showing signs of resilience, which may not be fully reflected in current estimates.

Options pricing suggests a higher expected move than historical averages, indicating potential for a significant surprise.

Recent insider selling could be viewed as a non-indicative signal, as it may not reflect the company's operational outlook.

Key Risk

If revenue growth exceeds $4.4 billion, it could challenge the current bearish sentiment and shift market expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether United Rentals can sustain its growth trajectory amid economic uncertainties and rising interest rates.

Bull Confirmed If

An EPS of $12.00 or higher would confirm the bull case, indicating strong demand and effective cost management.

Bear Confirmed If

An EPS below $11.38 would confirm the bear case, suggesting weaker-than-expected performance.

Pre-Earnings Positioning

Options Market

Implied Move

±2.72%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a moderate move following the earnings report, suggesting some uncertainty among investors.

Options are pricing ±2.7% while URI has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

65.4%

Calls (29K)P/C Ratio: 1.61Puts (46K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$23.0M

23,316 sh

2 insiders

Net

$23.0M

Net selling

Most Active Insiders· 2 open-market trades

President & CEOFlannery Matthew John
$22.4M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If United Rentals beats expectations, history suggests the stock could rise by around 1.56%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.

Miss

A miss on earnings could lead to a decline of approximately 0.54%, reflecting investor disappointment and concerns about future growth.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

2 buys·2 sells

Members

House only

Est. Notional

$18,004.00–$95,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on equipment utilization rates and demand trends.
2Any commentary on pricing strategies in the rental market.
3Insights into operational efficiencies and cost management initiatives.
4Future capital expenditure plans and fleet expansion strategies.
5Management's perspective on macroeconomic factors affecting the business.

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Company Snapshot

United Rentals, Inc. is a leading equipment rental company in the industrial sector, providing a wide range of construction and industrial equipment to various industries....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

$11.65

Revenue

Revenue growth reflects the company's ability to generate sales and indicates demand for its rental services.

$4.2B

Wall Street expectations, options signals, track record, and call prep available with Pro.

URI Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-2.50%

Avg Stock Reaction

-0.55%

Last Quarter Recap

In Q1 2026, United Rentals reported an EPS of $9.71, exceeding estimates by 7.78%. However, revenue details were not disclosed, and the stock experienced a slight decline the following day.

Management Promises & Guidance

Focus on maintaining equipment utilization rates.
Commitment to expanding rental fleet offerings.
Plans to enhance customer service and operational efficiency.

Expectations

Wall Street Expectations

Bull Case

If the company beats EPS estimates and shows strong revenue growth, it could signal robust demand and operational efficiency, leading to a positive market reaction.

Bear Case

Conversely, if earnings fall short of expectations or management provides cautious guidance, it could raise concerns about slowing demand and impact the stock negatively.

Key Metrics to Watch

Earnings Per Share (EPS)

$11.65

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

Revenue

$4.2B

Revenue growth reflects the company's ability to generate sales and indicates demand for its rental services.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will the EPS exceed the consensus estimate of $11.65?

A beat on EPS could indicate stronger profitability and operational efficiency, which would be positively received by the market.

What guidance will management provide regarding future revenue growth?

Management's outlook on revenue growth will be critical in assessing the company's ability to navigate potential economic challenges.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate the potential for revenue growth due to increased infrastructure spending, which could boost demand for rental equipment.

Supporting Evidence

The construction sector is showing signs of resilience, which may not be fully reflected in current estimates.

Options pricing suggests a higher expected move than historical averages, indicating potential for a significant surprise.

Recent insider selling could be viewed as a non-indicative signal, as it may not reflect the company's operational outlook.

Key Risk

If revenue growth exceeds $4.4 billion, it could challenge the current bearish sentiment and shift market expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether United Rentals can sustain its growth trajectory amid economic uncertainties and rising interest rates.

Bull Confirmed If

An EPS of $12.00 or higher would confirm the bull case, indicating strong demand and effective cost management.

Bear Confirmed If

An EPS below $11.38 would confirm the bear case, suggesting weaker-than-expected performance.

Pre-Earnings Positioning

Options Market

Implied Move

±2.72%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a moderate move following the earnings report, suggesting some uncertainty among investors.

Options are pricing ±2.7% while URI has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

65.4%

Calls (29K)P/C Ratio: 1.61Puts (46K)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$23.0M

23,316 sh

2 insiders

Net

$23.0M

Net selling

Most Active Insiders· 2 open-market trades

President & CEOFlannery Matthew John
$22.4M
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If United Rentals beats expectations, history suggests the stock could rise by around 1.56%, confirming a positive outlook.

In-Line / Cautious

If results are in line with expectations, the stock may experience a muted reaction as investors await further guidance.

Miss

A miss on earnings could lead to a decline of approximately 0.54%, reflecting investor disappointment and concerns about future growth.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

2 buys·2 sells

Members

House only

Est. Notional

$18,004.00–$95,000.00

disclosed dollar ranges

Most Active Members

R-LAJulia LetlowRep.
2

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on equipment utilization rates and demand trends.
2Any commentary on pricing strategies in the rental market.
3Insights into operational efficiencies and cost management initiatives.
4Future capital expenditure plans and fleet expansion strategies.
5Management's perspective on macroeconomic factors affecting the business.