Summary
United Rentals, Inc. (URI) filed an 8-K on April 17, 2019, primarily to furnish a press release detailing its financial and operational results for the first quarter ended March 31, 2019. The report also disclosed that updated business and financial outlook information, intended for investor meetings, is available on the company's website. This investor-focused information includes key non-GAAP financial measures such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS, with reconciliations to their GAAP counterparts provided. Investors should note that while the company utilizes these non-GAAP metrics to provide insights into operating performance, profitability, and cash flow generation, they are presented as supplemental information. The press release itself, which is an exhibit to this 8-K, contains the detailed financial results and outlook that are crucial for understanding the company's performance and future expectations. Investors are encouraged to review the press release and the company's website for a comprehensive understanding.
Key Highlights
- 1URI furnished its Q1 2019 earnings press release via an 8-K filing on April 17, 2019.
- 2The filing includes information on the company's financial results for the quarter ended March 31, 2019.
- 3An updated 2019 business and financial outlook is accessible on United Rentals' website.
- 4The company highlighted key non-GAAP financial measures: free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 5Reconciliations from non-GAAP to GAAP financial measures are provided for clarity.
- 6URI believes these non-GAAP measures offer valuable insights into operating performance and cash flow.
- 7The press release (Exhibit 99.1) is the primary source of detailed financial results and outlook.