U-Haul Holding Q1 EPS $1.27 Misses $1.45 Estimate, Sales $1.54B Miss $1.58B Estimate
Portfolio Pulse from Benzinga Newsdesk
U-Haul Holding (NYSE:UHAL) reported Q1 earnings of $1.31 per share, missing the analyst consensus estimate of $1.45 by 9.66%. This is a 30.69% decrease from the same period last year. The company also reported quarterly sales of $1.54 billion, missing the analyst consensus estimate of $1.58 billion by 2.53%. This is a 3.63% decrease from the same period last year.
August 09, 2023 | 9:00 pm
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NEGATIVE IMPACT
U-Haul Holding's Q1 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock price in the short term.
U-Haul's earnings and sales both missed estimates and showed a significant decrease from the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100