National Storage Affiliates Trust (NSA) Reports Q3 FFO of $0.40, Updates FY Guidance
(Updated - October 30, 2019 2:26 PM EDT)
National Storage Affiliates Trust (NYSE: NSA) reported Q3 FFO of $0.40, versus $0.36 reported last year. Revenue for the quarter came in at $101.34 million versus the consensus estimate of $100.47 million.
National Storage Affiliates sees FY FFO of $1.52-$1.54.
Current Ranges for |
| Prior Ranges for | |||||||||||||
| Low |
| High |
| Low |
| High | ||||||||
Earnings (loss) per share - diluted | $ | (0.40 | ) |
| $ | (0.30 | ) |
| $ | (0.20 | ) |
| $ | (0.10 | ) |
Impact of the difference in weighted average number of shares and GAAP accounting for noncontrolling interests, two-class method and treasury stock method |
| 0.94 |
|
|
| 0.85 |
|
|
| 0.79 |
|
|
| 0.70 |
|
Add real estate depreciation and amortization, including NSA's share of unconsolidated venture real estate depreciation and amortization |
| 1.36 |
|
|
| 1.39 |
|
|
| 1.30 |
|
|
| 1.34 |
|
Subtract gain on sale of self storage properties |
| (0.03 | ) |
|
| (0.03 | ) |
|
| (0.03 | ) |
|
| (0.03 | ) |
FFO attributable to subordinated unitholders |
| (0.36 | ) |
|
| (0.38 | ) |
|
| (0.36 | ) |
|
| (0.38 | ) |
Add acquisition costs and NSA's share of unconsolidated real estate venture acquisition costs |
| 0.01 |
|
|
| 0.01 |
|
|
| 0.01 |
|
|
| 0.01 |
|
Core FFO per share and unit | $ | 1.52 |
|
| $ | 1.54 |
|
| $ | 1.51 |
|
| $ | 1. | |
For earnings history and earnings-related data on National Storage Affiliates Trust (NSA) click here.