Summary
United Rentals, Inc. (URI) filed an 8-K on October 16, 2014, to report its financial results for the quarter ended September 30, 2014, via a press release furnished as Exhibit 99.1. The filing also disclosed that additional information regarding the Company's business, financial results, and 2014 outlook, intended for investor meetings, is available on their website. This supplemental information includes non-GAAP financial measures such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS, with detailed reconciliations provided. Investors should note that while the company presents these non-GAAP measures to offer insights into operating performance and future profitability, they should not be considered as replacements for GAAP-based metrics like net income or earnings per share. The primary purpose of this 8-K is to make public the company's latest quarterly performance and forward-looking guidance that is being shared with investors.
Key Highlights
- 1United Rentals reported its third-quarter 2014 financial results on October 15, 2014, via an 8-K filing.
- 2The filing includes a press release detailing the Company's operations for the quarter ended September 30, 2014.
- 3Additional business, financial results, and 2014 outlook information is accessible on the company's website for investor presentations.
- 4The company utilizes and presents several non-GAAP financial measures, including free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 5Detailed reconciliations from these non-GAAP measures to their nearest GAAP equivalents are provided by the company.
- 6United Rentals believes these non-GAAP metrics offer valuable insights into operating performance and future profitability.
- 7Investors are cautioned to consider these non-GAAP measures alongside, and not as a substitute for, GAAP financial results.