Life Storage, Inc. Reports First Quarter 2021 Results

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Life Storage (LSI) Tops Q1 EPS by 7c

May 4, 2021 5:05 PM EDT

Life Storage (NYSE: LSI) reported Q1 EPS of $0.63, $0.07 better than the analyst estimate of $0.56.

Achieved adjusted funds from operations (FFO)(1) per fully diluted common share of $1.08, a 16.1% increase over the same period in 2020.Increased same store revenue by 7.3% and same store net operating income (NOI)(2) by... More