Inside Amerco’s Upcoming Second Quarter Earnings Release

Read Trending Stories

Today's Trending Stocks

Click a Company to Research Now:

Amerco (NASDAQ:UHAL) will unveil its latest earnings on Wednesday, November 2, 2011. Amerco is North America’s do-it-yourself moving and storage operator through its subsidiary U-Haul.

Amerco Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $4.53 per share, a rise of 7.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $4.46. Between one and three months ago, the average estimate moved up. It has been unchanged at $4.53 during the last month. For the year, analysts are projecting net income of $9.62 per share, a rise of 9.3% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 17 cents, reporting profit of $3.86 per share against a mean estimate of net income of $3.69 per share.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: Analysts are projecting a rise of 2.7% in revenue from the year-earlier quarter to $654 million.

A Look Back: In the first quarter, profit rose 17.6% to $78.2 million ($3.56 a share) from $66.5 million ($3.26 a share) the year earlier, exceeding analyst expectations. Revenue rose 9.7% to $643 million from $585.9 million.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 10% in the fourth quarter of the last fiscal year from the year earlier, climbed 14.3% in the third quarter of the last fiscal year from the year-ago quarter and 11.9% in the second quarter of the last fiscal year.

Competitors to Watch: Avis Budget Group Inc. (NYSE:CAR), Zipcar Inc (NASDAQ:ZIP), Ryder System, Inc. (NYSE:R), Express-1 Expedited Solutions Inc. (AMEX:XPO), Hertz Global Hldgs., Inc. (NYSE:HTZ), Landstar System, Inc. (NASDAQ:LSTR) and Patriot Transportation Holding, Inc. (NASDAQ:PATR).

Stock Price Performance: During September 29, 2011 to October 27, 2011, the stock price had risen $16.93 (26.6%) from $63.63 to $80.56. The stock price saw one of its best stretches over the last year between June 3, 2011 and June 9, 2011 when shares rose for five-straight days, rising 10.7% (+$9) over that span. It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six-straight days, falling 12.3% (-$8.49) over that span. Shares are down $15.48 (-16.1%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!

Do You Want More Profits? Wall St. Cheat Sheet Premium newsletter subscribers have been crushing the markets with winning stock picks.

Click here now for your FREE trial to our acclaimed flagship newsletter:

Learn More

Advertisement:
Improve your Investing Portfolio with Wall St Cheat Sheet Premium

Intelligent Investing

Wall St. Cheat Sheet Premium

Tired of wasting time and money sifting through the noise on TV, websites, and Twitter? Get winning stock picks now.

Gold & Silver Premium

Join Chicago Mercantile Exchange commentator Eric McWhinnie as he covers Gold & Silver for you.

Commodities Premium

Commodities are heating up. This is an investment newsletter you'll need to win in the bull market.

Wall St. Cheat Sheet has been featured in these fine media outlets: