United Rentals, Inc., through its subsidiaries, operates as an equipment rental company that services construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. Through United Rental a company can rent backhoes, forklifts, earthmoving equipment, and material handling equipment, scissor lifts, crossing plates, line testing equipment for underground work, electrical distribution equipment, etc.
So you see, like Caterpillar, United Rentals is a great barometer of the economy. United Rentals reported earnings last week and earned $3.31 / share for the fourth quarter which beat estimates. Revenue also rose 22% compared to the fourth quarter last year. Probably more important, United
Add your Scripsio!
Comments