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United Rentals Results Don't Bode Well for Equipment Manufacturers

The recent results of United Rentals (NYSE: URI ) don’t bode well for the results of equipment manufactures such as Terex (NYSE: TEX ) or Manitowoc (NYSE: MTW ) . United Rentals claims the largest equipment rental company in the world, operating 824 rental locations in North America. The company reported results that again smashed estimates, sending the stock soaring 10% higher for the initial day of trading after the report. The limited more » Disclosure: No positions mentioned. Please review the disclaimer page for more details. 

Smashingly Strong Results as This Rental Company

After a year of smashing results, will United Rentals (NYSE: URI ) continue leaving analyst estimates in the dust? The company reported earnings of $1.27 for Q4 that smashed the $1.01 estimate. A leading supplier of construction and industrial equipment for rent has become a surprising breakout star during a time period when those particular markets were expected to struggle. In fact, a prime rental equipment market of non-residential more » Disclosure: Long TEX. Please review the disclaimer page for more details.