Sovran Self Storage (SSS) Tops Q1 EPS by 5c

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Sovran Self Storage Reports First Quarter Results; Adjusted FFO per Share Increases 11.9%; Acquires 25 Properties for $332 Million

April 27, 2016 4:15 PM EDT

BUFFALO, N.Y.--(BUSINESS WIRE)-- Sovran Self Storage, Inc. (NYSE: SSS), a self storage real estate investment trust (REIT), reported operating results for the quarter ended March 31, 2016.

First Quarter 2016 Highlights:

Achieved adjusted funds from operations per fully diluted common share of $1.22, representing a 11.9% increase over the same period last year. Increased... More