National Storage Affiliates Trust reports results for the quarter ended September 30 - Earnings Summary

• National Storage Affiliates Trust NSA.N reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of seven analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 10 cents to 23 cents per share.

• Revenue fell 2.5% to $188.70 million from a year ago; analysts expected $182.78 million.

• National Storage Affiliates Trust's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $13.31 million.

• National Storage Affiliates Trust shares had fallen by 3.7% this quarter and lost 23.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 9 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is "buy."

• Wall Street's median 12-month price target for National Storage Affiliates Trust is $33.50, about 13.1% above its last closing price of $29.11

This summary was machine generated from LSEG data November 3 at 11:41 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)