Summary
United Rentals, Inc. (URI) filed an 8-K on April 19, 2017, to report its first-quarter 2017 financial results via a press release filed as an exhibit. The filing also disclosed that the company is making investor presentation materials, including its 2017 outlook, available on its website. These materials utilize certain non-GAAP financial measures, such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS, which the company believes offer valuable insights into its operational performance and cash generation capabilities. Reconciliations to GAAP measures are provided within the presentation.
Key Highlights
- 1URI reported its Q1 2017 results on April 19, 2017.
- 2The company is providing updated investor presentation materials, including its 2017 outlook, on its website.
- 3These presentations use non-GAAP financial measures: free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 4URI believes these non-GAAP measures offer a better understanding of operational performance and cash earnings.
- 5Reconciliations of non-GAAP measures to GAAP are included in the investor presentations.
- 6The filing specifically details the calculation and rationale for using free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.