Brief: Life Storage Inc Reports First Quarter 2022 Results

Life Storage

04/05/2022 23:14

May 4 (Reuters) - Life Storage Inc  LSI.N :
    * LIFE STORAGE, INC. REPORTS FIRST QUARTER 2022 RESULTS
    * Q1 FFO PER SHARE $1.44
    * INCREASED QTRLY SAME STORE REVENUE BY 15.6% AND SAME STORE
NET
OPERATING INCOME BY 21.9%, YEAR-OVER-YEAR
    * SEES 2022 SAME STORE REVENUE 10.50% - 11.50%
    * SEES 2022 ADJUSTED FUNDS FROM OPERATIONS PER SHARE $6.04 -
$6.14
    * SEES Q2 FFO PER SHARE $1.50 - $1.54
    * SEES 2022 FFO PER SHARE $6.04 - $6.14
    * Q1 FFO PER SHARE VIEW $1.41 -- REFINITIV IBES DATA
    * Q2 FFO PER SHARE VIEW $1.53 -- REFINITIV IBES DATA
    * FY2022 FFO PER SHARE VIEW $6.09 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw9KSQTVa 
Further company coverage:  LSI.N 

 ((Reuters.Briefs@thomsonreuters.com;))