secwatch.observer — SEC 8-K summary
======================================

Issuer:     National Storage Affiliates Trust (NSA)
CIK:        0001618563
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001628280-23-027774
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NSA Q2 net income down 6.1% YoY; full-year guidance lowered
-----------------------------------------------------------

- Net income $45.5M (-6.1% YoY); diluted EPS $0.28 vs $0.24 in Q2 2022.
- Core FFO $88.2M ($0.68/share), down 4.2% per share YoY.
- Same store NOI +3.4% (revenue +2.8%, opex +1.4%); occupancy 90.0% (down 450bps).
- Issued $120M senior unsecured notes due 2028 at 5.75% effective rate.
- CEO: Full-year same store and Core FFO per share guidance lowered on softer spring leasing and higher rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618563/000162828023027774/0001628280-23-027774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618563/000162828023027774/nsa-20230807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-027774

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer