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Financial Results Release, Quarterly Dividends, New Appointments, and Expansion in Operations - Research Report on SBA Communications, Hertz, United Rentals, GATX, and AerCap

Editor Note: For more information about this release, please scroll to bottom.


News provided by

Investors' Reports

Aug 09, 2013, 08:00 ET

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NEW YORK, August 9, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting SBA Communications Corp. (NASDAQ: SBAC), Hertz Global Holdings, Inc. (NYSE: HTZ), United Rentals, Inc. (NYSE: URI), GATX Corp. (NYSE: GMT), and AerCap Holdings N.V. (NYSE: AER). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

SBA Communications Corp. Research Report

On August 1, 2013, SBA Communications Corp. (SBA Communications) released its Q2 2013 financial results. The Company reported total revenues of $324.3 million, compared to $229.1 million in Q2 2012. Net loss attributable to the Company came in at $35.9 million or $0.28 per share, versus $53.5 million or $0.44 per share in Q2 2012. Jeff Stoops, President and Chief Executive Officer of SBA Communications commented, "Our domestic customers continue to stay very busy, with both high levels of 4G amendment activity on existing macro sites and an increasing amount of new macro site deployment activity. Activity in our international markets was strong as well. Based on our existing backlogs, we expect continued strength in both our leasing and services segments for the remainder of 2013 and into 2014." The Company anticipates Q3 2013 revenues to be in the range of $314.5 million to $329.5 million, and full-Year 2013 revenues to be in the range of $1,267 million to $1,292 million. The Full Research Report on SBA Communications Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/SBAC]

--

Hertz Global Holdings, Inc. Research Report

On July 31, 2013, Hertz Global Holdings Inc. (Hertz) announced that it has appointed Discover the World Marketing as its General Sales Agent (GSA) to grow outbound car rentals from the Philippines to more than 8,800 Hertz locations in 150 countries. Commenting on the new appointment, Michel Taride, Group President, RAC International, Hertz Corporation, stated, "We view the Philippines as an important and growing source market for our international car rentals, especially as visitor exports are expected to increase 8.2% from 2012 to 2022 according to the World Travel and Tourism Council. With its highly established pedigree in global travel distribution, Discover the World Marketing Philippines is ideally positioned to help Hertz expand its long-term outbound growth strategy." According to the Company, this deal is a first of its kind in the Philippines car rental market. The Full Research Report on Hertz Global Holdings, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/HTZ]

--

United Rentals, Inc. Research Report

On August 1, 2013, United Rentals Inc. (United Rentals) announced that it has expanded its specialty retail operations by opening three new Power & HVAC branches in U.S. locations in San Diego, California, Oklahoma City, Oklahoma, and a Canadian branch in Fort McMurray, Alberta. According to United Rentals, all three locations will focus on providing power generation and climate control solutions. Paul McDonnell, Senior Vice President, Operations, Trench Safety, Power and HVAC, said, "Our company's continued investment in its specialty footprint demonstrates the importance we place on meeting increasing customer demand for these services. San Diego, Oklahoma City and Fort McMurray are part of a planned expansion of 18 new specialty locations this year. All United Rentals branches are able to cross-sell our specialty services as part of our commitment to total jobsite solutions." The Full Research Report on United Rentals, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/URI]

--

GATX Corp. Research Report

On July 19, 2013, GATX Corp. (GATX) and its Board of Directors declared a quarterly cash dividend of $0.31 per common share. The Company reported that the dividend will be payable on September 30, 2013 to shareholders of record on September 13, 2013. GATX also informed that this quarterly dividend is unchanged from the dividend declared in the previous quarter. The Full Research Report on GATX Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/GMT]

--

AerCap Holdings N.V. Research Report

On August 6, 2013, AerCap Holdings N.V. (AerCap) released its Q2 2013 financial results. The Company reported total revenues of $247.0 million, compared to $252.9 million in Q2 2012. According to the Company, the decrease in revenue was driven by the sale of older aircraft including the ALS portfolio, partially offset by purchases of new aircraft. During Q2 2013, the Company executed a total of 81 aircraft transactions. The Company's adjusted net income for the quarter was $67.1 million, as compared with $59.2 million in Q2 2012. Adjusted EPS was $0.59, higher as compared with $0.43 in Q2 2012. Commenting on the Company's financial performance, Aengus Kelly, Chief Executive Officer of AerCap, stated, "Our record EPS number for the first half of 2013 is the result of the rigorous application of our core principles. It is this combination of highly disciplined aircraft acquisitions and disposals as well as a long term stable liability structure that has enabled us to return $420 million to our shareholders, obtain an investment grade rating and generate record earnings." The Full Research Report on AerCap Holdings N.V. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/AER]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

http://InvestorsReports.com

SOURCE Investors' Reports

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