secwatch.observer — SEC 8-K summary
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Issuer:     National Storage Affiliates Trust (NSA)
CIK:        0001618563
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001628280-25-008129
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NSA Q4 net income plunges 75.8%; Core FFO per share down 11.8% to $0.60
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- Q4 net income $26.1M vs $108.1M YoY; diluted EPS $0.15 vs $0.72
- Core FFO per share $0.60 (down 11.8% YoY); same store NOI fell 7.5%
- Same store period-end occupancy 84.4%, down 140 bps from Dec 2023
- Full year net income $183.3M (-22.7%); Core FFO per share $2.44 (-9.3%)
- Acquired 4 wholly-owned storage properties for ~$39.6M in Q4; repurchased 7.4M shares for $275.2M in FY2024

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618563/000162828025008129/0001628280-25-008129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618563/000162828025008129/nsa-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-008129

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