Summary
United Rentals, Inc. (URI) filed an 8-K on July 27, 2022, to report its second-quarter 2022 financial results, primarily through a press release furnished as Exhibit 99.1. The filing also indicated that additional business and financial information, including the company's 2022 outlook, would be available on their website. Investors should refer to the press release for detailed operational and financial performance metrics for the quarter ended June 30, 2022. The company has also provided definitions and justifications for its use of non-GAAP financial measures, such as free cash flow, EBITDA, adjusted EBITDA, and adjusted EPS. These measures are presented to offer additional insights into the company's operational performance and profitability, complementing their GAAP financial reporting. Investors are encouraged to review these non-GAAP measures in conjunction with the provided reconciliations to their GAAP counterparts.
Key Highlights
- 1United Rentals reported its Q2 2022 financial results via a press release filed with the 8-K.
- 2The filing includes supplemental information on the company's business, financial results, and 2022 outlook available on their website.
- 3The company furnished its Q2 2022 earnings press release as Exhibit 99.1.
- 4URI provided definitions and rationale for using non-GAAP financial measures (Free Cash Flow, EBITDA, Adjusted EBITDA, Adjusted EPS).
- 5These non-GAAP measures are presented to provide investors with additional insights into operating performance and profitability.
- 6Reconciliations between non-GAAP and GAAP financial measures are included.
- 7The company emphasizes that non-GAAP measures should not be considered replacements for GAAP metrics.