Summary
United Rentals, Inc. (URI) filed an 8-K on July 17, 2019, to report its second-quarter 2019 financial results via a press release. The filing also disclosed that additional business and financial outlook information, used for investor meetings, is available on the company's website. Investors should note that the company is providing non-GAAP financial measures such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS. While United Rentals believes these measures offer useful insights into operational performance and cash generation, they should not be considered replacements for GAAP metrics like net income or EPS. The press release, furnished as an exhibit, contains detailed financial performance data and reconciliations for these non-GAAP figures.
Key Highlights
- 1Disclosure of Q2 2019 financial results via press release filed on July 17, 2019.
- 2Company is providing additional business and financial outlook information on its website for investor presentations.
- 3Key non-GAAP financial measures presented include free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS.
- 4United Rentals asserts that these non-GAAP measures provide valuable insights into operational performance and cash availability.
- 5Reconciliations of non-GAAP measures to their nearest GAAP equivalents are included in the furnished materials.
- 6The 8-K filing includes a press release (Exhibit 99.1) detailing the financial results.