AMERCO Reports First Quarter Fiscal 2023 Financial Results

August 3, 2022 Download

RENO, Nev. (August 3, 2022)--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, 2022, of $334.0 million, or $17.03 per share, compared with net earnings of $345.2 million, or $17.60 per share, for the same period last year.

“Customers have choices. We are doing our best to hang on to every customer and serve them well,” stated Joe Shoen, chairman of AMERCO. “We are watching costs closely. We are still a long way off from normalizing our rental equipment investments.”