U-Haul posts Q3 net loss of $37M vs year-ago profit of $67M; fleet woes cited

U-Haul Holding Co /NV/

Net loss $37.0M ($0.18 loss per non-voting share) vs net earnings $67.2M ($0.35 EPS) in Q3 last year.
Moving and Storage ops profit plunged $120.2M to $7.1M; fleet depreciation and resale losses $74.6M, liability costs up $37.9M.
Self-storage revenue up 7.9%, but same-store occupancy fell 4.9% to 87.2%; 16 new locations added.
Nine-month net earnings $210.9M vs $449.4M; EPS down to $1.09 from $2.31.
Chairman: 'continue to undermine earnings with fleet depreciation and poor resale results; expect bottom this calendar year.'

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.