Shares of United Rentals Inc. URI were up about 4% in after-hours trading Wednesday after the company announced alongside is latest earnings that it was instituting a dividend and bringing back its buyback program. United Rentals reported fourth-quarter net income of $639 million, or $9.15 a share, compared with $481 million, or $6.61 a share, in the year-prior quarter. On an adjusted basis, the company earned $9.74 a share, up from $7.
15 a share, compared with $481 million, or $6.61 a share, in the year-prior quarter. On an adjusted basis, the company earned $9.74 a share, up from $7.39 a share a year before, while the FactSet consensus was for $10.14 a share. Revenue rose to $3.30 billion from $2.78 billion, whereas analysts had been looking for $3.30 billion. For 2023, the company anticipates $13.7 billion to $14.2 billion in total revenue, along with $6.60 billion to $6.
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Europe Inc earnings offer market optimists more hopeEarnings from major European companies on Wednesday offered some reasons for optimism about the region's corporate health, even as investors worry about the slowing global economy. why is your pfp a sqaure मगहर_लीला परमेश्वर कबीर साहिब मगहर से सशरीर सतलोक गमन कर गए। थोड़ी देर बाद आकाशवाणी हुई ' उठा लो पर्दा, इसमें नहीं है मुर्दा ' ' उनके शरीर के स्थान पर फूलों का ढेर पाया गया। God Kabir Nirvana diwas Reuters is corrupt to the core. I would not believe one word they publish.
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Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing companyAccording to disclosures filed with the Securities and Exchange Commission, Surojit Chatterjee will retain 249,315 shares of Coinbase stock. Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales. Chatterjee joined Coinbase from Google in Feb 2020 with a salary of just under $1 million per year. In recognition of his contributions to the company, Coinbase and Chatterjee have entered into a separation agreement that includes severance benefits and an advisory deal... Oh, how generous of him!
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STOCK MARKET NEWS: Futures decline, Microsoft shares fall, Twitter ads fallMicrosoft shares fall in premarket trading following results. Oil refining margins rise due to outages. Gas prices keep gaining. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Hey Stuart, tell us more about how “remarkably well” Palo Alto Networks has performed in “the last 6 months.”
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