United Rentals, Inc. announced asset impairment charges for the fourth quarter ended December 31, 2019. For the quarter, the company reported asset impairment charge per share of $0.01.

For the year 2020, the company expects total revenue between $9.4 billion to $9.8 billion.

The company announced operating results for the fourth quarter and full year ended December 31, 2019. For the quarter, on an as reported basis, fourth quarter fleet productivity decreased 2.4% year-over-year. On a pro forma basis, fleet productivity decreased 1.8%, as the combined benefit from rental rates and mix did not offset the impact of lower time utilization.

For the year, on an as reported basis, fleet productivity decreased 2.2% year-over-year. On a pro forma basis, fleet productivity increased 0.6%, as the combined benefit of rental rates and mix was partially offset by lower time utilization.