earnings
confidence high
sentiment positive
materiality 0.75
Global Self Storage Q3 net income jumps 336% to $1.2M; revenue record $3.2M
Global Self Storage, Inc.
2024-Q3 EPS reported
$0.18
revenue$9,343,354
- Diluted EPS of $0.10 vs $0.02 YoY; net income $1.2M from $271K.
- Same-store revenue +3.6% to $3.2M; same-store NOI +6.3% to $2.0M.
- Same-store occupancy 91.5% (up 170 bps); tenant duration 3.4 years.
- Credit facility with Huntington extended 3 years; $15M available.
- Quarterly dividend maintained at $0.0725/share; AFFO $0.10/diluted share.