National Storage Affiliates Trust Reports Second Quarter 2018 Results; Earnings Per Share Increases $0.02; Core FFO per Share Increases 9.7%, Same Store NOI Increases 4.2%, Acquired 12 Self Storage Pr

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Go back to National Storage Affiliates Trust Reports Second Quarter 2018 Results; Earnings Per Share Increases $0.02; Core FFO per Share Increases 9.7%, Same Store NOI Increases 4.2%, Acquired 12 Self Storage Pr

National Storage Affiliates Trust (NSA) Misses Q2 EPS by 18c, Slight Miss on Revenues

August 6, 2018 4:53 PM EDT

National Storage Affiliates Trust (NYSE: NSA) reported Q2 EPS of $0.07, $0.18 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $79.72 million versus the consensus estimate of $80.02 million.

Arlen Nordhagen, Chairman and Chief Executive Officer, commented, "2018 is shaping up to be another exceptional year for NSA. We were very excited to announce the recent formation of our second joint venture to acquire a 112 property portfolio for over $1.3 billion. This portfolio will expand NSA\'s geographic footprint into five new... More