Life Storage Inc expected to post earnings of $1.28 a share - Earnings Preview

Life Storage

30/10/2021 03:06

* Life Storage Inc  LSI.N   LSI  is expected to show a rise in
quarterly revenue when it reports results on November 2. 
* The Williamsville, New York-based company is expected to
report  a 28.2% increase in revenue to $200.313 million from
$156.31 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Life Storage Inc is for
earnings of 78 cents per share. For the same quarter last year,
the company reported earnings of 52 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Life Storage
Inc is $139​, about 3.7% above​ its last closing price
of $133.81. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.15        1.15       1.20      Beat    4.7
 Mar. 31 2021  1.01        1.01       1.08      Beat    6.6
 Dec. 31 2020  1.03        1.03       1.02      Missed  -0.7​
 Sep. 30 2020  0.98        0.99       1.01      Beat    2.7
 Jun.          0.95​       0.94       0.95      Beat    0.2​
 30​ 2020​                                              
 Mar. 31 2020  0.93        0.93       0.93      Met     0.2​
 Dec. 31 2019  0.95        0.95       0.96      Beat    1.1
 Sep. 30 2019  0.97        0.97       0.97      Met     0.3
 This summary was machine generated October 30 at 02:06 GMT.  All
figures in US dollars unless otherwise stated