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.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org