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Life Storage Inc (LSI.N)

LSI.N on New York Stock Exchange

100.17USD
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Latest Key Developments (Source: Significant Developments)

Life Storage Reports Q3 Adjusted FFO Of $1.45 Per Share
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - Life Storage Inc ::SEES FY 2018 SAME STORE REVENUE UP 3% - 3.5% .LIFE STORAGE, INC. REPORTS THIRD QUARTER 2018 RESULTS; INCREASES FFO GUIDANCE.Q3 FFO PER SHARE $1.46.Q3 ADJUSTED FFO PER SHARE $1.45.SEES FY 2018 ADJUSTED FFO PER SHARE ABOUT $5.46 TO $5.52.INCREASED SAME STORE REVENUE BY 3.6% AND SAME STORE NET OPERATING INCOME BY 4.2% IN QUARTER.FY2018 FFO PER SHARE VIEW $5.46 -- THOMSON REUTERS I/B/E/S.Q3 FFO PER SHARE VIEW $1.41 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 SAME STORE NET OPERATING INCOME UP 3.25% - 4%.SEES Q4 SAME STORE REVENUE PROJECTED INCREASES OF 2.50 PERCENT - 3.00 PERCENT.COMPANY PLANS TO COMPLETE $40 – $45 MILLION OF EXPANSIONS IN 2018.SEES Q4 SAME STORE NET OPERATING INCOME PROJECTED INCREASES OF 2.75 PERCENT - 3.25 PERCENT.MANAGEMENT EXPECTS ADJUSTED FUNDS FROM OPERATIONS BETWEEN $1.35 AND $1.39 PER SHARE FOR Q4 OF 2018.  Full Article

Life Storage Q3 Adjusted FFO Per Share $1.45
Thursday, 1 Nov 2018 

Oct 31 (Reuters) - Life Storage Inc ::LIFE STORAGE, INC. REPORTS THIRD QUARTER 2018 RESULTS; INCREASES FFO GUIDANCE.Q3 FFO PER SHARE $1.46.Q3 ADJUSTED FFO PER SHARE $1.45.SEES FY 2018 ADJUSTED FFO PER SHARE ABOUT $5.46 TO $5.52.INCREASED SAME STORE REVENUE BY 3.6% AND SAME STORE NET OPERATING INCOME BY 4.2% IN QUARTER.FY2018 FFO PER SHARE VIEW $5.46 -- THOMSON REUTERS I/B/E/S.Q3 FFO PER SHARE VIEW $1.41 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE UP 3% - 3.5%.SEES FY 2018 NET OPERATING INCOME UP 3.25% - 4%.SEES Q4 REVENUE PROJECTED INCREASES OF 2.50 PERCENT - 3.00 PERCENT.COMPANY PLANS TO COMPLETE $40 – $45 MILLION OF EXPANSIONS IN 2018.SEES Q4 NET OPERATING INCOME PROJECTED INCREASES OF 2.75 PERCENT - 3.25 PERCENT.MANAGEMENT EXPECTS ADJUSTED FUNDS FROM OPERATIONS BETWEEN $1.35 AND $1.39 PER SHARE FOR Q4 OF 2018.  Full Article

Life Storage Prices Offering Of Senior Notes
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Life Storage Inc ::LIFE STORAGE, INC. PRICES OFFERING OF SENIOR NOTES.LIFE STORAGE INC - ‍ LIFE STORAGE LP PRICED AN OFFERING OF $450 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.875% SENIOR UNSECURED NOTES DUE 2027​.LIFE STORAGE INC - NOTES WILL BE ISSUED AT 99.523% OF PAR VALUE WITH A COUPON OF 3.875%.LIFE STORAGE INC - NOTES WILL MATURE ON DECEMBER 15, 2027.  Full Article

Life Storage Inc reports Q3 FFO per share of $1.34
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Life Storage Inc ::Life Storage, Inc. reports third quarter 2017 results​.Q3 FFO per share $1.34.Q3 adjusted FFO per share $1.39.Sees FY 2017 adjusted FFO per share about $5.26 to $5.30.Qtrly ‍same store quarter end occupancy of 92.7%​.Sees Q4 same store revenue of 0.50 percent to 1.50 pct‍​.Sees Q4 same store net operating income of negative 1.00 percent to 0.00 pct‍​.Same store NOI decreased 0.5% for the Q3 of 2017 as compared to the 3rd quarter of 2016.Sees ‍Q4 FFO per share $1.28 - $1.32 ‍​.  Full Article

Life Storage sees FY 2017 adjusted FFO per share about $5.50 to $5.60
Thursday, 16 Feb 2017 

Life Storage Inc : Life Storage, Inc. reports fourth quarter and full year 2016 results . Q4 adjusted FFO per share $1.31 . Q4 FFO per share $1.28 . Sees FY 2017 adjusted FFO per share about $5.50 to $5.60 . Life Storage Inc - Increased same store revenue by 4.0% in quarter . Life Storage Inc qtrly same store NOI increased 3.7% over Q4 of 2015 . "Grew same store average occupancy for quarter by 50 basis points to 90.9% compared to same period in 2015" . Life Storage Inc sees Q1 revenue 3.00 - 4.00% . Life Storage Inc - Company plans to complete $30 - $35 million of expansions in 2017. . Life Storage Inc sees Q1 net operating income 3.00 - 4.00% . Life Storage Inc - Plans to complete $30 - $35 million of expansions in 2017 . Life Storage Inc sees FY revenue 3.00 - 4.00% . "Houston market is expected to comprise approximately 8.5% of 2017 forecasted NOI of company's wholly owned stores" . Life Storage Inc sees Q1 net operating income 3.00 percent - 4.00 percent . Life Storage Inc sees FY net operating income 2.75 - 3.75% . Life Storage Inc sees FY 2017 net operating income 2.75 - 3.75% . Life Storage Inc - Expects that during 2017, it will incur dilution to extent of $0.01 to $0.03 per share in FFO due to acquisitions . Life Storage Inc sees Q1 FFO per share $1.24 - $1.28 . Life Storage Inc sees FY 2017 ffo per share $5.50 - $5.60 . Q1 FFO per share view $1.32 -- Thomson Reuters I/B/E/S . FY2017 FFO per share view $5.57 -- Thomson Reuters I/B/E/S.  Full Article