Analysts expect Sunbelt Rentals Holdings to report first-quarter revenue of $3.00 billion and adjusted EPS of $0.99, while the stock currently trades at $68.59 compared to an $85.27 average price target.
Investors are primarily focused on the growth of the high-margin Specialty rental segment and the successful integration of the $650 million Reliant Asset Management acquisition.
This report is the company’s first full quarter following its transition to a primary NYSE listing and the adoption of U.S. GAAP reporting. Investors seek evidence that infrastructure mega-projects are offsetting softer local construction demand, despite recent margin pressure from fleet repositioning and higher internal repair costs.