AMERCO Reports Third Quarter Fiscal 2020 Financial Results
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AMERCO (UHAL) Misses Q3 EPS by $2.30, Revenues Beat
February 5, 2020 4:12 PM ESTAMERCO (NASDAQ: UHAL) reported Q3 EPS of $1.58, $2.30 worse than the analyst estimate of $3.88. Revenue for the quarter came in at $927.88 million versus the consensus estimate of $920.68 million.
"We maintained our expected rate of renting new storage rooms while continuing our strategy of releasing new self-storage product in markets underserved by U-Haul," stated Joe Shoen, chairman of AMERCO. "As I cautioned in November, I expected our business with last mile delivery companies might be flat or down. We saw a decline in this segment of the business during the quarter. Business with our core... More
