Life Storage, Inc. Reports First Quarter 2022 Results

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Life Storage (LSI) Misses Q1 EPS by 1c

May 4, 2022 4:45 PM EDT

Life Storage (NYSE: LSI) reported Q1 EPS of $0.88, $0.01 worse than the analyst estimate of $0.89.

Achieved funds from operations (FFO)(1) per fully diluted common share of $1.44, a 33.3% increase over the same period in 2021.Increased same store revenue by 15.6% and same store net operating income (NOI)(2) by 21.9%,... More