United Rentals raised its full-year 2026 revenue and adjusted EBITDA outlook after reporting second-quarter results that beat earnings and revenue estimates, driven by record rental activity, higher fleet productivity, and strong specialty demand. The company now projects $20.6 billion in revenue and $3.6 billion in earnings by 2029, requiring 8.0% yearly revenue growth and about a $1.1 billion earnings increase from $2.5 billion today. Management also announced a $5,000.0 million share repurchase authorization, signaling confidence despite heavy capital requirements. The raised guidance reflects strong large-project activity and customer backlogs, though the investment narrative notes risks from high capital expenditures and debt if demand cools.
United Rentals IncRaised 2026 revenue and EBITDA outlook, beat Q2 estimates, and announced $5B buyback.
