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United Rentals Reaffirms 2016 Outlook; Shares Surge As Q2 Profit Beats Estimates

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( - United Rentals, Inc. (

) has reaffirmed its 2016 outlook for revenue, adjusted EBITDA and free cash flow. The company continues to expect: total revenue in a range of $5.6 billion to $5.8 billion; and adjusted EBITDA in a range of $2.65 billion to $2.75 billion.

Adjusted earnings per share for the second-quarter was $2.06, compared with $1.95...