Sunbelt Rentals FY27 Q1 net income rises 17.4% to $438 million; revenue increases 11.2% to $3.12 billion - SUNB News | RalliesSunbelt Rentals FY27 Q1 net income rises 17.4% to $438 million; revenue increases 11.2% to $3.12 billion
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SUNB• Segment performance
- North America Specialty rental revenue jumped 25.3% to $1.07 billion, while General Tool grew 7.4% to $1.65 billion.
Full-year guidance raised
- Full-year fiscal 2027 guidance raised: revenue growth 6%-9%, rental revenue growth 7%-10%, adjusted EBITDA $4.92-5.12 billion.
Fiscal Q1 results and margin expansion
- Sunbelt Rentals posted fiscal Q1 net income up 17.4% to $438 million; EPS climbed 23% to $1.07.
- Revenue rose 11.2% to $3.12 billion, driven by rental revenue up 12.5% to $2.93 billion.
- Operating income increased 15.9% to $691 million; operating margin widened 0.9 percentage points to 22.2%.
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