Amerco (NASDAQ:UHAL) is set to announce second quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, UHAL to report 2Q21 income of $ 4.58 per share.
For the full year, analysts anticipate top line of $ 3584.60 million, while looking forward to income of $ 5.84 per share bottom line.
Previous Quarter Performance
Amerco unwinded income for the first quarter of $ 4.47 per share, from the revenue of $ 987.24 million. The consensus estimates are income of $ 1.78 per share from $ 866.50 million in revenue. The bottom line results beat street analysts by $ 2.69 or 151.12 percent, at the same time, top line results outshined analysts by $ 120.74 million or 13.93 percent.
Stock Performance
Shares of Amerco traded up $ 7.29 or 2.07 percent on Tuesday, reaching $ 358.74 with volume of 23.50 thousand shares. Amerco has traded high as $ 360.19 and has cracked $ 351.99 on the downward trend
According to the previous trading day, closing price of $ 358.74, representing a 58.07 % increase from the 52 week low of $ 222.34 and a 17.6 % decrease over the 52 week high of $ 426.50.
The company has a market capital of $ 7.03 billion and is part of the Services sector and Rental & Leasing Services industry.
AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The companys Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane. It also provides uhaul.com, an online marketplace that connects consumers to independent Moving Help service providers and independent self-storage affiliates; auto transport and tow dolly options to transport vehicles; and specialty boxes for dishes, computers, and sensitive electronic equipment, as well as tapes, security locks, and packing supplies.
