Summary
United Rentals, Inc. (URI) filed an 8-K on October 19, 2011, to report its third-quarter 2011 financial results, which were released on October 18, 2011. The filing also provided access to investor presentation materials on the company's website, including non-GAAP financial measures. Investors should note that the company is furnishing a press release and making available investor presentation materials that contain financial metrics such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS. While the company believes these non-GAAP measures offer valuable insights into operating performance and liquidity, they should be considered in conjunction with, and not as a substitute for, GAAP-based financial results. The specific details of the Q3 2011 results were not directly in the 8-K text but were provided via an attached press release (Exhibit 99.1).
Key Highlights
- 1United Rentals issued an 8-K on October 19, 2011, to report Q3 2011 financial results.
- 2The results were officially released via a press release on October 18, 2011 (Exhibit 99.1).
- 3The company is providing investor presentation materials on its website (www.ur.com).
- 4These materials include non-GAAP financial measures: free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 5The company defines these non-GAAP measures and provides reconciliations to GAAP.
- 6United Rentals believes these non-GAAP measures offer useful insights into performance and liquidity.
- 7Investors are advised to consider these non-GAAP measures alongside GAAP results.