Summary
United Rentals, Inc. (URI) filed an 8-K report on October 19, 2010, to disclose financial results and business outlook information. The primary driver of this filing was the release of the company's third-quarter 2010 financial results, reported on October 19, 2010. Additionally, the company indicated that it would be making available information regarding its business, financial results, and 2010 outlook through investor meetings and presentations, accessible via its website. This includes the use of non-GAAP financial measures like free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS, with reconciliations provided to GAAP figures. Investors should note that these non-GAAP measures are presented to offer additional insights into operating performance and cash flow availability but are not substitutes for GAAP-based financial statements.
Key Highlights
- 1United Rentals announced its Q3 2010 financial results on October 19, 2010, via a press release furnished with the 8-K filing.
- 2The company is providing information on its business, financial results, and 2010 outlook via its website and investor presentations.
- 3Key non-GAAP financial measures discussed include Free Cash Flow, EBITDA, Adjusted EBITDA, and Adjusted EPS.
- 4Reconciliations between non-GAAP and GAAP financial measures are included in the provided investor presentation materials.
- 5Free Cash Flow is presented as a measure of cash available for debt service and working capital.
- 6EBITDA and Adjusted EBITDA are used to assess operating performance and growth.
- 7Adjusted EPS is provided as an indicator of future profitability, excluding certain charges and gains/losses.