AMERCO (UHAL) Misses Q2 EPS by 56c

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AMERCO Reports Second Quarter Fiscal 2017 Financial Results

November 9, 2016 4:33 PM EST

RENO, Nev., Nov. 9, 2016 /PRNewswire/ -- 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 shareholders for its second quarter ended September 30, 2016, of $176.5 million, or $9.01 per share, compared with net earnings of $183.4 million, or $9.36 per share, for the same period last year. Included in the results for the second quarter ended September 30, 2016, was an after tax benefit of $0.79 per share associated with our settlement of the PEI litigation that resulted in a reduction in operating... More