United Rentals Stock Surges 23% After Q1 Earnings Beat — Why Investors Rushed Back In
United Rentals shares surged 22.9% to $986.77 after the company raised its 2026 revenue and adjusted EBITDA outlook. First-quarter revenue hit a record $3.985 billion, with rental revenue up 8.7% and adjusted EPS at $9.71. Used equipment sales fell 7.2%, and specialty rental gross margin declined. Management cited strong demand in large projects but flagged delivery costs and revenue mix as ongoing concerns.