AMERCO REPORTS THIRD QUARTER FISCAL 2014 FINANCIAL RESULTS

February 5, 2014 Download

RENO, Nev. (February 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 shareholders for its third quarter ended December 31, 2013, of $52.2 million, or $2.67 per share, compared with net earnings of $36.8 million, or $1.89 per share, for the same period last year.

For the nine-month period ended December 31, 2013, net earnings available to shareholders were $303.2 million, or $15.50 per share compared with net earnings of $226.8 million, or $11.62 per share, for the same period last year.

"In multiple very competitive marketplaces, U-Haul team members are working to increase our service to the customer," stated AMERCO chairman Joe Shoen.