AMERCO Reports Fiscal 2008 Financial Results
June 4, 2008 Download
Reno, Nev (June 4, 2008) AMERCO (Nasdaq: UHAL), parent of U-Haul International, Inc., North America’s largest “do-it-yourself” moving and storage operator, today reported that net earnings available to common shareholders for the year ended March 31, 2008 were $54.8 million, or $2.78 per share, compared with net earnings of $77.6 million, or $3.72 per share for the same period last year. Included in the fiscal 2007 results is a nonrecurring after-tax charge of $0.20 per share related to the Company’s second quarter fiscal 2007 refinancing. Taking into account the refinancing costs, adjusted earnings per share were $3.92 for fiscal 2007.