Sunbelt Rentals

Q1 FY2027 EarningsQ1 FY27 results significantly beat consensus across all headline metrics, with revenue of $3,115M (+4.2% vs. expected) and Adjusted EPS of $1.18 (+14.3% vs. expected). Performance was driven by a 25.3% YoY surge in North America Specialty rental revenue, aided by the Aries acquisition and FIFA World Cup demand. Operating margins expanded 90 bps YoY to 22.2%, while management raised full-year FY27 revenue and EBITDA guidance, signaling strong confidence in AI-related mega projects and industrial demand.