What To Expect From U-Haul’s (UHAL) Q4 Earnings

StockStory
04 Feb
What To Expect From U-Haul’s (UHAL) Q4 Earnings

Moving and storage solutions provider U-Haul (NYSE:UHAL) will be reporting results tomorrow after the bell. Here’s what to look for.

U-Haul missed analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $1.66 billion, flat year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EPS estimates.

Is U-Haul a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting U-Haul’s revenue to be flat year on year at $1.35 billion, improving from the 2.6% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.18 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at U-Haul’s peers in the ground transportation segment, some have already reported their Q4 results, giving us a hint as to what we can expect. ArcBest’s revenues decreased 8.1% year on year, meeting analysts’ expectations, and Saia reported revenues up 5%, topping estimates by 1.5%. ArcBest traded down 3% following the results.

Read our full analysis of ArcBest’s results here and Saia’s results here.

Investors in the ground transportation segment have had steady hands going into earnings, with share prices flat over the last month. U-Haul is up 2.6% during the same time and is heading into earnings with an average analyst price target of $90.26 (compared to the current share price of $71.39).

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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