AMERCO Reports First Quarter Fiscal 2018 Financial Results

August 9, 2017 Download

RENO, Nev. (August 9, 2017)--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 common shareholders for its first quarter ended June 30, 2017, of $126.2 million, or $6.44 per share, compared with net earnings of $147.2 million, or $7.51 per share, for the same period last year.

“Our opportunity is to continue to better utilize the investments we’ve made in our rental fleet and self-storage locations to serve more customers,” stated Joe Shoen, chairman of AMERCO. “Our base businesses are solid. We need to continue to focus on management.”