National Storage Affiliates Trust Reports 2019 Fourth Quarter and Full Year Results; Announces Internalization of Its Largest PRO
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National Storage Affiliates Trust (NSA) Tops Q4 EPS by 13c, Revenues Miss
February 24, 2020 5:15 PM ESTNational Storage Affiliates Trust (NYSE: NSA) reported Q4 EPS of $0.13, $0.13 better than the analyst estimate of $0.00. Revenue for the quarter came in at $100.57 million versus the consensus estimate of $101.04 million.
Fourth Quarter 2019 Highlights
Reported net income of $18.8 million for the fourth quarter of 2019, an increase of 30.0% compared to the fourth quarter of 2018. Reported diluted earnings per share of $0.13 for the fourth quarter of 2019, primarily relating to the HLBV method for allocating net income among the various classes of equity.Reported core funds from operations (\"Core FFO\") of $36.8 million, or $0.40 per... More