secwatch.observer — SEC 8-K summary
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Issuer:     U-Haul Holding Co /NV/ (UHAL)
CIK:        0000004457
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000950170-24-092870
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

U-Haul Q1 net earnings $195.4M, down 24% YoY; EPS $1.00 vs $1.31
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- Net earnings available to common shareholders fell to $195.4M from $256.8M YoY; diluted EPS $1.00 vs $1.31.
- Self-moving equipment rental revenues up 1.5% ($15.1M), first YoY improvement in eight quarters.
- Self-storage revenues rose 8.4% ($16.8M); same-store occupancy down 1.2% to 93.9%.
- Moving & Storage operating earnings (ex-interest) dropped $64.3M partly due to $47.9M lower gains on rental equipment disposals.
- Cash & credit availability at Moving and Storage segment $1,566.8M, down from $1,886.3M at March 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4457/000095017024092870/0000950170-24-092870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4457/000095017024092870/uhal-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-092870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer