Amerco (NASDAQ:UHAL) issued its earnings results on Wednesday. The transportation company reported $6.44 EPS for the quarter, missing the consensus estimate of $7.37 by $0.93, reports. The company had revenue of $957.93 million for the quarter, compared to analysts’ expectations of $943.57 million. Amerco had a return on equity of 14.02% and a net margin of 11.64%. Amerco’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.51 earnings per share.

Shares of Amerco (NASDAQ:UHAL) traded up 0.72% during midday trading on Wednesday, hitting $391.42. 76,928 shares of the company’s stock traded hands. The stock has a market cap of $7.67 billion, a P/E ratio of 19.24 and a beta of 1.10. The company has a 50 day moving average of $365.20 and a 200 day moving average of $369.72. Amerco has a 52 week low of $307.80 and a 52 week high of $398.94.

The business also recently announced a special dividend, which was paid on Thursday, August 3rd. Shareholders of record on Thursday, July 20th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, July 18th.

In other Amerco news, major shareholder Grove Holdings Lp Willow acquired 2,000 shares of Amerco stock in a transaction that occurred on Tuesday, May 30th. The stock was purchased at an average cost of $352.87 per share, with a total value of $705,740.00. Following the purchase, the insider now owns 7,562,884 shares in the company, valued at $2,668,714,877.08. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 42.60% of the stock is currently owned by corporate insiders.

Separately, BidaskClub upgraded shares of Amerco from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 31st.

WARNING: “Amerco (UHAL) Posts Quarterly Earnings Results” was originally posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The original version of this news story can be accessed at

Amerco Company Profile

AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through and eMove Websites.

Earnings History for Amerco (NASDAQ:UHAL)

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 Analyst Ratings Network's FREE daily email newsletter.