AMERCO (UHAL) Tops Q1 EPS by 60c, Revenues Beat

AMERCO (NASDAQ: UHAL) reported Q1 EPS of $7.66, $0.60 better than the analyst estimate of $7.06. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1 billion.

"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."

For earnings history and earnings-related data on AMERCO (UHAL) click here.

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