Amerco Reports Second Quarter Fiscal 2021 Financial Results

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Go back to Amerco Reports Second Quarter Fiscal 2021 Financial Results

AMERCO (UHAL) Tops Q2 EPS by $9.00, Revenues Beat

November 4, 2020 4:35 PM EST

AMERCO (NASDAQ: UHAL) reported Q2 EPS of $13.58, $9.00 better than the analyst estimate of $4.58. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $998.4 million.

Highlights of Second Quarter Fiscal 2021 Results

Self-moving equipment rental revenues increased $126.7 million or 16% during the second quarter of fiscal 2021, compared with the second quarter of fiscal 2020. As government-imposed restrictions on public activity have lessened and customer behavior has evolved, revenue and transactions for both our In-town and one-way markets improved for trucks and trailers. For July, August and September revenues increased by approximately 11%, 14% and 24%,... More