EquipmentShare.com Inc. (NASDAQ:EQPT) stock climbed in Friday’s premarket trading after the construction equipment provider raised its full-year 2026 financial outlook and authorized a $500 million share repurchase program.
EquipmentShare Raises 2026 Guidance
EquipmentShare now expects annual revenue of $5.25 billion to $5.68 billion, up from its previous forecast of $5.15 billion to $5.58 billion.
The company raised its adjusted core EBITDA outlook to $1.95 billion to $2.06 billion from $1.88 billion to $2.00 billion.
EquipmentShare expects rental segment revenue of $3.47 billion to $3.75 billion, up from its prior forecast of $3.37 billion to $3.64 billion
