UBS raises United Rentals estimates after strong quarter eases margin concerns
Seeking Alpha ·
United Rentals ( URI ) drew a bullish response from UBS after posting stronger-than-expected second-quarter results, with the investment bank saying the equipment rental giant's execution and improving demand support further earnings growth. UBS analyst Steven Fisher reiterated his Buy rating on
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UBS upgraded its earnings outlook for United Rentals (URI), stating that margin concerns have eased following the strong Q2 earnings report. Analysts suggest the company's exceptional execution and improving demand will support continued earnings growth. Analyst Stephen Fisher reaffirmed his Buy rating. Investors should pay attention to the demand recovery and margin improvement trends in the construction equipment rental market.
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- Construction Equipment — Expectations for additional earnings growth have increased due to strong Q2 results and the resolution of margin concerns.
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