earnings
confidence high
sentiment negative
materiality 0.75
NSA Q2 core FFO $0.55/share (-11.3% YoY); same-store NOI down 6.1%
National Storage Affiliates Trust
2025-Q2 EPS reported
$0.29
revenue$377,196,000
- Net income $31.0M (-4.1% YoY); diluted EPS $0.19 vs $0.16.
- Core FFO $74.4M ($0.55/share), down 11.3% per share vs Q2 2024.
- Same-store occupancy 85.0% (down 220 bp); total revenue -3.0% YoY.
- Acquired ~$11.4M in wholly-owned properties; agreed to sell ten for ~$66.5M.
- Revised guidance cited soft demand, supply pressure, and concession use.