National Storage Affiliates Trust (NSA) Reports Q3 Core FFO of $0.33

National Storage Affiliates Trust (NYSE: NSA) reported Q3 Core FFO of $0.33, versus $0.29 reported last year.

• Net income was $11.2 million for the third quarter of 2017, an increase of $3.3 million compared to $7.9 million for the third quarter of 2016.
• Core funds from operations ("Core FFO") was $23.8 million, or $0.33 per share, for the third quarter of 2017, an increase of 13.8% per share compared to $18.2 million, or $0.29 per share, for the third quarter of 2016.
• Same store NOI was $30.5 million for the third quarter of 2017, an increase of 6.7% compared to $28.6 million for the third quarter of 2016, driven by an increase of 5.4% in same store total revenues and a 2.4% increase in same store property operating expenses.
• Same store average annualized rental revenue per occupied square foot was $11.83 for the third quarter of 2017, an increase of 5.7% compared to $11.19 for the third quarter of 2016.

For earnings history and earnings-related data on National Storage Affiliates Trust (NSA) click here.

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