Life Storage Inc reports results for the quarter ended in December - Earnings Summary

Life Storage

26/02/2022 12:17

* Life Storage Inc  LSI.N  reported quarterly adjusted
earnings of
91 cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
83 cents per share.
    * Revenue rose 32.8% to $221.16 million from a year ago; 
analysts
expected $218.57 million. 
    * Life Storage Inc's reported EPS for the quarter was 90
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Life Storage Inc shares had fallen by 17.3% this quarter.
    * The company reported quarterly net income of $74.15
million.
    * Wall Street's median 12-month price target for Life
Storage Inc
is $160.00 
    * 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." 

This summary was machine generated February 26 at 12:17 p.m.
 ​All figures in US dollars unless otherwise stated