AMERCO Reports Second Quarter Fiscal 2008 Financial Results

November 7, 2007 Download

RENO, Nev. (November 7, 2007)--AMERCO (Nasdaq: UHAL), parent of U-Haul International, Inc., North America’s largest do-it-yourself moving and storage operator, today reported net earnings available to common shareholders for its second quarter ending September 30, 2007, of $47.2 million, or $2.39 per share, compared with net earnings of $57.3 million, or $2.74 per share, for the same period last year. Included in the results for September 30, 2006, was a nonrecurring after-tax charge of $0.20 per share associated with the Company’s second-quarter debt amendment. Taking into account the nonrecurring after-tax charge, adjusted earnings were $2.94 per share for the three months ending September 30, 2006.