Life Storage Inc expected to post earnings of 83  cents a share - Earnings Preview

Life Storage

23/02/2022 03:03

* Life Storage Inc  LSI.N   LSI  is expected to show a rise
in
quarterly revenue when it reports  results on February 24. 
    * The Williamsville New York-based  company is expected to
report 
a 31.3% increase in revenue to $218.572 million from $166.51
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Life Storage Inc is
for
earnings of 83 cents per share. For the same quarter last year,
the company reported earnings of 57 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"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 $160​, about 21.2% above​ its last closing price
of $126.15. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  1.29        1.28       1.37      Beat    6.7
 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.        0.98        0.99       1.01      Beat    2.7
 30 2020                                                
 Jun. 30 2020  0.95        0.94       0.95      Beat    0.2​
 Mar. 31 2020  0.93        0.93       0.93      Met     0.2
 Dec. 31 2019  0.95        0.95       0.96      Beat    1.1
 This summary was machine generated February 23 at 03:02 GMT. 
All figures in US dollars  unless otherwise stated