AMERCO REPORTS SECOND QUARTER FISCAL 2015 FINANCIAL RESULTS

November 5, 2014 Download

RENO, Nev. (November 5, 2014)--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 second quarter ended September 30, 2014, of $156.2 million, or $7.98 per share, compared with net earnings of $138 million, or $7.06 per share, for the same period last year.

For the six-month period ended September 30, 2014, net earnings available to common shareholders were $280.7 million, or $14.34 per share compared with net earnings of $251 million, or $12.84 per share, for the same period last year.

“Our team is building on the momentum of the plans we put in motion over the past few years to better serve customers,” stated Joe Shoen, chairman of AMERCO. “The core business lines of the Company continue to show improvement. The environment remains extremely competitive.”