01—Abstract
Summary
Summary of the 8-K filed April 30, 2009. Cited figures are marked; the original filing is the authoritative source.
United Rentals, Inc. filed an 8-K on April 29, 2009, to report its financial results for the first quarter ended March 31, 2009, and to disclose information to be used in investor presentations.
The filing references a press release (Exhibit 99.1) detailing the company's operational and financial performance for the quarter. Additionally, the report highlights the company's use of non-GAAP financial measures, including free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
United Rentals states its belief that these measures offer valuable insights into operating performance and cash availability, though they should not replace GAAP measures for assessing financial health. Investors should refer to the referenced press release and the company's website for detailed financial data and reconciliations.
02—Key points
Key Highlights
- United Rentals, Inc. reported its Q1 2009 results via an 8-K filing on April 29, 2009.
- The filing includes a press release detailing the company's financial performance for the quarter ended March 31, 2009.
- The company is providing information for investor meetings and presentations, accessible on its website (www.ur.com).
- United Rentals is utilizing and disclosing non-GAAP financial measures such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- The company believes these non-GAAP measures offer useful insights into operating performance and cash flow, supplementing GAAP reporting.
- Reconciliations between non-GAAP and GAAP financial measures are provided in the supplemental information.
- Investors are directed to the press release (Exhibit 99.1) and the company website for detailed financial information.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report United Rentals, Inc.'s financial results for the first quarter ended March 31, 2009, and to disclose information that the company intends to use in investor meetings and presentations. This includes a press release with the quarterly results.
What non-GAAP financial measures does United Rentals highlight in this filing?
United Rentals highlights several non-GAAP financial measures, including free cash flow, earnings before interest, taxes, depreciation, and amortization (EBITDA), adjusted EBITDA, and adjusted earnings per share (EPS). The company believes these measures provide useful insights into its operating performance and financial condition.
Where can I find more detailed financial information and reconciliations of non-GAAP measures?
More detailed financial information, including the Q1 2009 results, can be found in the press release furnished as Exhibit 99.1 to this 8-K filing. Additionally, the company states that presentation materials containing these measures and their reconciliations to GAAP are available on its website (www.ur.com).
What is the significance of the 'Regulation FD Disclosure' item?
The 'Regulation FD Disclosure' item indicates that United Rentals is making information available to the public simultaneously, as required by the Fair Disclosure regulation. This ensures that material information shared with investors or analysts is also broadly disseminated, preventing selective disclosure.
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