F4Q10 (Qtr End 03/31/10) Earnings Call

June 10, 2010 11:00 am ET


Jennifer Flachman – Director, IR

Joe Shoen – Chairman and President of AMERCO, CEO and Chairman of U-Haul

Jason Berg – Principal Accounting Officer of AMERCO


Ian Gilson – Zacks Investment

Jim Barrett – C.L. King & Associates



Good morning. My name is Shaina and I will be your conference operator today. At this time, I would like to welcome everyone to the AMERCO fourth quarter fiscal 2010 investor conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. Ms. Jennifer Flachman, you may begin your conference.

Jennifer Flachman

Thank you for joining us today. And welcome to the fourth quarter fiscal 2010 year-end investor call. Before we begin, I'd like to remind everyone that certain of the statements during this call regarding general revenues, income and general growth of our business constitute forward-looking statements contemplated under the Private Securities Litigation Reform Act of 1995. And certain factors could cause actual results to differ materially from those projected.

For a brief discussion of the risks and uncertainties that may affect AMERCO's business and future operating results, please refer to Form 10-Q for the year ended March 31, 2010, which is on file with the Securities and Exchange Commission. Participating in the call today will be Joe Shoen, Chairman of AMERCO. I'll now turn the call over to Joe.

Joe Shoen

Good morning. Jason Berg, Rocky Wardrip and myself are all speaking to you from Phoenix. You have all seen the numbers and we just completed a decent finish to what has been a tough year.

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