Vintage Trailer

AMERCO Reports First Quarter Fiscal 2019 Financial Results

August 8, 2018 Download

RENO, Nev. (August 8, 2018)--AMERCO (Nasdaq: UHAL), parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today reported net earnings available to common shareholders for its first quarter ended June 30, 2018, of $127.8 million, or $6.53 per share, compared with net earnings of $126.2 million, or $6.44 per share, for the same period last year.

“Increased revenue for the quarter was driven by more transactions in our moving business and increased rooms rented in our self-storage portfolio compared to this period last year,” stated Joe Shoen, chairman of AMERCO. “I continue to work on repair expense. We are not there yet.”


Address
5555 Kietzke Lane
Suite 100
Reno, Nevada 89511

Phone
Director of I.R.
Sebastien Reyes
(602) 263-6601

Email
investor_relations@amerco.com

Certain of the statements made on this Web site regarding our business constitute forward-looking statements contemplated under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those anticipated as a result of various risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

Copyright 2018 AMERCO | 2.1.3 Release