AMERCO Reports First Quarter Fiscal 2021 Financial Results
August 5, 2020 Download
RENO, Nev. (August 5, 2020)--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, 2020, of $87.7 million, or $4.47 per share, compared with net earnings of $132.4 million, or $6.76 per share, for the same period last year.
“Customer demand for U-Haul products and services has rebounded as society learns to cope with the effects of COVID-19,” stated Joe Shoen, chairman of AMERCO. “As essential critical workers, the U-Haul team has stood tall and come through for the customer.”