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$联合租赁(URI)$ Q4 EPS of $2.67 beats by $0.43

• Revenue of $1.52B (flat Y/Y) beats by $20M.
• United Rentals (NYSE:URI) announces that it will acquire NES Rentals Holdings II or ~$965M.million in cash.
• The transaction is expected to close early in Q2, pending regulatory approval.
• NES Rentals is one of the ten largest general equipment rental companies in the United States, specializing in providing aerial equipment to approximately 18,000 customers across the industrial and non-residential construction sectors.
• Looking ahead, United Rental says the addition of NES's branch footprint will increase the company's density in strategically important markets and be "broadly" accretive to earnings.