AMERCO (UHAL) Tops Q2 EPS by 44c, Revenues In-Line

AMERCO (NASDAQ: UHAL) reported Q2 EPS of $8.35, $0.44 better than the analyst estimate of $7.91. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.1 billion.

"Growth in equipment rental revenue and occupied storage rooms continued during the quarter and we have the capacity for additional improvement," stated Joe Shoen, chairman of AMERCO. "Truck sales are improving, returning some revenue and expense that was in the third quarter last year into this second quarter. Discretionary personnel bonus amounts that were recognized in the second quarter last year have not yet been determined. We have lots of work to do and are about it."

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

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