United Rentals Inc. (URI) reported first quarter adjusted EPS of $0.36 after the close Tuesday, compared to the loss of $0.32 in the prior year period. The consensus estimate was for EPS of $0.05.
United Rentals gapped up sharply Wednesday and climbed further around midday. The stock closed higher by 4.84 at $45.75, with volume at a 4-month high. United Rentals rose above resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.