National Storage Q2 FFO $0.62 Misses $0.63 Estimate, Sales $190.45M Miss $197.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
National Storage (NYSE:NSA) reported Q2 earnings of $0.62 per share, missing the $0.63 estimate. Sales were $190.45M, below the $197.21M estimate. Both earnings and sales decreased compared to the same period last year.
August 05, 2024 | 9:02 pm
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National Storage (NYSE:NSA) reported Q2 earnings of $0.62 per share, missing the $0.63 estimate. Sales were $190.45M, below the $197.21M estimate. Both earnings and sales decreased compared to the same period last year.
The earnings and sales miss, along with the year-over-year decrease in both metrics, are likely to negatively impact NSA's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100