earnings
confidence high
sentiment negative
materiality 0.80
NSA Q1 net income $19.5M (-79.5%), Core FFO $0.54 (-10%), same-store NOI -5.7%
National Storage Affiliates Trust
2025-Q1 EPS reported
$0.10
revenue$188,354,000
- Net income $19.5M, diluted EPS $0.10 vs $0.65 YoY; Core FFO $73.4M, $0.54/share (-10%).
- Same-store NOI -5.7% (revenues -3.0%, expenses +3.7%); occupancy 83.6% (-240 bps).
- Acquired 3 self-storage properties for ~$13.5M in Q1 2025.
- Management sees sequential improvement, but economic uncertainty remains.