AMERCO Posts Strong Q2 Earnings (UHAL)

AMERCO UHAL reports Q2 earnings of $4.22 versus consensus of $3.45. AMERCO reports revenues of $637 million versus consensus of $625 million. Self-moving equipment rental revenue increased $39.9 million and self-storage revenues increased $3.2 million in Q2, "Demand for our products and services have been up, and our team is doing a good job of earning our share of this increase," stated Joe Shoen, chairman of AMERCO. "We are now focused on making it through the fall and winter months." Shares of UHAL are lower in the after-hours by 0.23%.