Sunbelt Rentals Holdings Logs Higher Net Income, Revenue in Fiscal Q1

08:43 AM EDT, 09/09/2026 (MT Newswires) -- Sunbelt Rentals Holdings (SUNB.L) said Wednesday its net income and total revenue for the fiscal first quarter increased year over year. Net income for the three months ended July 31 was $438 million, compared with $373 million earlier. EPS moved to $1.07 from $0.87. The London-listed rental equipment company's revenue was $3.12 billion, compared with $2.80 billion a year ago. Meanwhile, the company declared its first quarterly cash dividend of $0.30 per share of common stock, payable on Oct. 2 to stockholders on record as of Sept. 18. Looking ahead to fiscal 2027, Sunbelt Rentals upgraded its revenue growth outlook to between 6% and 9%, compared with the previously forecasted range of 4.5% to 7.5%.