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Stock impact report

Q3 Earnings Highs And Lows: United Rentals (NYSE:URI) Vs The Rest Of The Specialty Equipment Distributors Stocks [Yahoo! Finance]

United Rentals, Inc. (URI) 
Last united rentals, inc. earnings: 4/29 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Historically, specialty equipment distributors have boasted deep selection and expertise in sometimes narrow areas like single-use packaging or unique lighting equipment. Additionally, the industry has evolved to include more automated industrial equipment and machinery over the last decade, driving efficiencies and enabling valuable data collection. Specialty equipment distributors whose offerings keep up with these trends can take share in a still-fragmented market, but like the broader industrials sector, this space is at the whim of economic cycles that impact the capital spending and manufacturing propelling industry volumes. The 9 specialty equipment distributors stocks we track reported a slower Q3. As a group, revenues were in line with analysts' consensus estimates. In light of this news, share prices of the companies have held steady as they are up 4.6% on average since the latest earnings results. Owning the largest rental fleet in the world, United Rentals (NYSE:URI Show less Read more
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