National Storage Affiliates Trust (NSA) Misses Q1 EPS by 9c, Revenues Beat
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National Storage Affiliates Trust Reports First Quarter 2020 Results
May 11, 2020 4:01 PM EDTGREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- National Storage Affiliates Trust ("NSA" or the "Company") (NYSE: NSA) today reported the Companys first quarter 2020 results.
First Quarter 2020 Highlights
Reported net income of $15.8 million for the first quarter of 2020, an increase of 21.8% compared to the first quarter of 2019. Reported diluted earnings per share of $0.06 for the first quarter of 2020, primarily relating to the HLBV method for allocating net income among the various classes of equity. Reported core funds from operations ("Core FFO") of $37.1 million, or $0.40... More