01—Abstract
Summary
Summary of the 8-K filed February 1, 2011. Cited figures are marked; the original filing is the authoritative source.
United Rentals, Inc. (URI) filed an 8-K report on February 1, 2011, primarily to disclose its financial results for the fourth quarter and full year ended December 31, 2010.
The report references a press release (Exhibit 99.1) containing these results, which provides key operational and financial data to investors. The company also indicated that further information regarding its business, financial results, and 2011 outlook would be available on its website, intended for use in investor meetings and presentations.
02—Key points
Key Highlights
- Disclosure of Q4 and Full Year 2010 financial results via press release (Exhibit 99.1).
- Furnishing of a press release with the 8-K filing.
- Information regarding the company's business, financial results, and 2011 outlook made available on the company's website.
- Specific mention of investor meetings and presentations where this information will be used.
- Definition and use of non-GAAP financial measures including free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- Reconciliation of non-GAAP measures to their nearest GAAP equivalents provided.
- Company's rationale for using these non-GAAP measures to provide useful insights into operating performance and profitability.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report the financial results of United Rentals, Inc. for the quarter and year ended December 31, 2010, through an accompanying press release. It also informs investors about additional information regarding the company's business and outlook being shared at investor meetings.
What non-GAAP financial measures are being discussed?
The company is discussing several non-GAAP financial measures: free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS. These are provided to offer additional insights into operating performance and profitability, alongside standard GAAP measures.
Where can investors find the detailed financial results and 2011 outlook?
The detailed financial results for the quarter and year ended December 31, 2010, are in the press release furnished as Exhibit 99.1 to this 8-K filing. Information regarding the company's business, financial results, and 2011 outlook for investor meetings is accessible on United Rentals' website (www.ur.com).
04—Continue