U-Haul (NASDAQ:UHAL) Releases Quarterly Earnings Results, Misses Expectations By $0.46 EPS

by · The Cerbat Gem

U-Haul (NASDAQ:UHALGet Free Report) announced its quarterly earnings results on Wednesday. The transportation company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.46), Zacks reports. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.69 billion. U-Haul had a net margin of 9.92% and a return on equity of 7.76%. During the same quarter last year, the company posted $1.36 EPS.

U-Haul Stock Performance

NASDAQ:UHAL traded up $0.26 during mid-day trading on Friday, hitting $75.01. 118,474 shares of the stock were exchanged, compared to its average volume of 96,125. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.99 and a current ratio of 2.18. The firm’s 50-day simple moving average is $73.72 and its 200 day simple moving average is $68.40. U-Haul has a fifty-two week low of $50.47 and a fifty-two week high of $79.04. The stock has a market capitalization of $14.71 billion, a price-to-earnings ratio of 32.33 and a beta of 1.10.

About U-Haul

(Get Free Report)

U-Haul Holding Company operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company’s 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.

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