AMERCO announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported total revenues of $842,882,000 compared to $790,455,000 a year ago. Earnings from operations were $303,137,000 compared to $131,981,000 a year ago. Pretax earnings were $271,579,000 compared to $102,700,000 a year ago. Earnings available to common shareholders were $528,894,000 or $27.00 per basic and diluted share compared to $65,228,000 or $3.33 per basic and diluted share a year ago.

For the nine months, the company reported total revenues of $2,843,493,000 compared to $2,712,331,000 a year ago. Earnings from operations were $761,549,000 compared to $698,518,000 a year ago. Pretax earnings were $667,623,000 compared to $614,822,000 a year ago. Earnings available to common shareholders were $779,740,000 or $39.81 per basic and diluted share compared to $388,876,000 or $19.85 per basic and diluted share a year ago. For the first nine months of fiscal 2018 compared with the first nine months of fiscal 2017 gross truck and trailer capital expenditures were $788 million and $870 million, for the first nine months of fiscal 2018 compared with the first nine months of fiscal 2017 proceeds from sales of rental equipment were $389 million compared with $403 million and spending on real estate related acquisitions and projects were $400 million compared with $378 million.

The company expects blended GAAP effective tax rate for the twelve months of fiscal 2018 will be approximately 34.3% and 24.3% for fiscal 2019.