Should Earnings Estimate Upgrades Require Action From United Rentals Stock Investors?

United Rentals is heading into its next earnings report with Wall Street projecting quarterly EPS of $13.75 and revenue of $4.67b, both above the figures reported a year earlier. Analysts have been nudging EPS forecasts higher while highlighting United Rentals' revenue growth, operating margin and share buybacks as key supports for the business model. This article examines how United Rentals' upgraded earnings estimates intersect with its large project driven investment narrative and balance...