AMERCO (UHAL) Announces Quarterly Earnings Results, Misses Estimates By $6.86 EPS
AMERCO (NASDAQ:UHAL) issued its quarterly earnings results on Wednesday. The transportation company reported $2.34 EPS for the quarter, missing the consensus estimate of $9.20 by ($6.86), Briefing.com reports. AMERCO had a net margin of 9.30% and a return on equity of 11.28%. The company had revenue of $842.88 million for the quarter, compared to analyst estimates of $784.80 million. During the same period last year, the company posted $3.33 earnings per share. The business’s revenue for the quarter was up 6.6% on a year-over-year basis.
Shares of AMERCO (NASDAQ:UHAL) opened at $351.67 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.60 and a quick ratio of 2.37. The stock has a market capitalization of $6,895.86, a P/E ratio of 21.16 and a beta of 1.01. AMERCO has a 52 week low of $338.30 and a 52 week high of $400.99.
In other AMERCO news, Director John P. Brogan sold 200 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $381.16, for a total value of $76,232.00. Following the sale, the director now owns 5,800 shares in the company, valued at $2,210,728. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 42.60% of the stock is owned by corporate insiders.
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AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.
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