Almost 2 Years Ago
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What to watch out for in URI's upcoming earning report:
United Rentals (URI) is reporting earnings on July 27. Lets zoom in on how the stock is performing.
Analyst opinions suggest United Rentals will report an EPS (earnings per share) of
$6.45 Normalized, $5.96 GAAP, on revenue of $2.71B on Wednesday. Over the last 90 days, there have been 15 upward revisions compared to 1 downward revision.
Bulls will want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. URI bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This is because the company's earnings report is a snapshot of the company's performance, and the analysts' estimates are a consensus projection of the company's future.
Share price moves can have an impact on existing shareholder sentiment. As of July 19 shares of URI are trading at $268.12. Over the last 52-week period, the price is down -35.39%.
Analyst opinions suggest United Rentals will report an EPS (earnings per share) of
$6.45 Normalized, $5.96 GAAP, on revenue of $2.71B on Wednesday. Over the last 90 days, there have been 15 upward revisions compared to 1 downward revision.
Bulls will want to hear that the company beat the analysts' estimates and is set to grow in coming quarters. Just as important as the earnings report, is the company's future.
Grizzly bears possess a biting force of over 1200 PSI, which is enough to crush a bowling ball or an iron skillet. URI bears cannot do that, but they can listen for news that the company underperformed analysts' estimates for EPS. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Regardless of which side of the fence you're on, it's important to note that sometimes the company's earnings report plays less of a role in moving the price than the analysts' estimates. This is because the company's earnings report is a snapshot of the company's performance, and the analysts' estimates are a consensus projection of the company's future.
Share price moves can have an impact on existing shareholder sentiment. As of July 19 shares of URI are trading at $268.12. Over the last 52-week period, the price is down -35.39%.
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