Amerco Third Quarter Earnings Sneak Peek

Amerco (NASDAQ:UHAL) will unveil its latest earnings on Wednesday, February 8, 2012. 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 $1.31 per share, a rise of 63.7% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 19.7% versus last year to $10.53.

Past Earnings Performance: Last quarter, the company beat estimates by 67 cents, coming in at net income of $5.20 a share versus the estimate of profit of $4.53 a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 2.8% in revenue from the year-earlier quarter to $515 million.

A Look Back: In the second quarter, profit rose 18.5% to $101 million ($5.20 a share) from $85.2 million ($4.22 a share) the year earlier, exceeding analyst expectations. Revenue rose 10.4% to $703.2 million from $637 million.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 9.7% in the first quarter from the year earlier, climbed 10% in the fourth quarter of the last fiscal year from the year-ago quarter and 14.3% in the third quarter of the last fiscal year.

Stock Price Performance: During December 5, 2011 to February 2, 2012, the stock price had risen $20.81 (26.5%) from $78.49 to $99.30. The stock price saw one of its best stretches over the last year between January 20, 2012 and January 27, 2012 when shares rose for six-straight days, rising 5.2% (+$4.97) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight-straight days, falling 13.8% (-$10.91) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com