AMERCO (NASDAQ:UHAL) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of $6.49 per share for the quarter.
AMERCO (NASDAQ:UHAL) last posted its quarterly earnings results on Wednesday, August 8th. The transportation company reported $6.53 earnings per share for the quarter, missing analysts’ consensus estimates of $7.03 by ($0.50). The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $980.40 million. AMERCO had a return on equity of 8.95% and a net margin of 21.63%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.44 earnings per share. On average, analysts expect AMERCO to post $13 EPS for the current fiscal year and $13 EPS for the next fiscal year.
UHAL opened at $328.86 on Tuesday. The stock has a market cap of $6.43 billion, a P/E ratio of 20.95 and a beta of 0.90. AMERCO has a twelve month low of $316.00 and a twelve month high of $389.48. The company has a current ratio of 2.19, a quick ratio of 2.01 and a debt-to-equity ratio of 0.98.
In other news, insider Thomas W. Hayes bought 200 shares of AMERCO stock in a transaction on Wednesday, August 29th. The shares were bought at an average cost of $380.05 per share, with a total value of $76,010.00. Following the completion of the purchase, the insider now directly owns 200 shares of the company’s stock, valued at $76,010. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Respino Laurence J. De sold 75 shares of AMERCO stock in a transaction dated Thursday, October 4th. The stock was sold at an average price of $369.92, for a total transaction of $27,744.00. The disclosure for this sale can be found here. Insiders own 42.60% of the company’s stock.
A number of equities analysts recently weighed in on UHAL shares. BidaskClub lowered shares of AMERCO from a “hold” rating to a “sell” rating in a research report on Saturday, September 8th. ValuEngine lowered shares of AMERCO from a “buy” rating to a “hold” rating in a research report on Thursday, August 2nd. Finally, TheStreet upgraded shares of AMERCO from a “c+” rating to a “b-” rating in a research report on Wednesday, July 25th.
TRADEMARK VIOLATION NOTICE: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another site, it was copied illegally and reposted in violation of United States & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/11/06/amerco-uhal-to-release-quarterly-earnings-on-wednesday.html.
AMERCO Company Profile
AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
See Also: What is Cost of Debt?
Receive News & Ratings for AMERCO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMERCO and related companies with MarketBeat.com's FREE daily email newsletter.