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    Blake Greenhalgh • Bank of America

    Blake Greenhalgh is an Equity Research Associate at Bank of America Securities, specializing in equity analysis within the financial sector. He has contributed research and supported coverage for listed companies at Bank of America and previously held roles in audit and accounting at KPMG and Domo, demonstrating a strong background in financial reporting and analysis. Starting his career in accounting at Southern Utah University, Greenhalgh transitioned through KPMG before joining Domo in progressive leadership roles, eventually moving to Bank of America Securities to focus on equity research. He holds a master's degree in accounting and is a licensed Certified Public Accountant in Utah, with over a decade of financial experience.

    Blake Greenhalgh's questions to United Rentals Inc (URI) leadership

    Blake Greenhalgh's questions to United Rentals Inc (URI) leadership • Q4 2024

    Question

    Blake Greenhalgh inquired about the expected cadence of revenue growth for 2025, asking if it would be weighted towards the second half of the year. He also asked for the size of the power business vertical and any notable trends expected for 2025.

    Answer

    Executive Matthew Flannery stated that while the company does not provide quarterly guidance, growth is expected to follow normal seasonality and is not anticipated to be back-half weighted. Executive William Grace clarified that the power vertical constitutes about 10% of total revenue, with renewables being a small fraction of that. Flannery emphasized the long-term necessity of grid upgrades, independent of specific project cycles.

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