LSI - Earnings announcements

SALT LAKE CITY, May 2, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the three months ended March 31, 2023. Highlights for the three months ended March 31, 2023: Achieved net income attributable to common stockholders of $1.46 per diluted share, representing a 3.3% decrease compared to the same period in the prior year.  Achieved funds from operations attributable to common stockholders and unit holders ("FFO

Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended March 31, 2023. Highlights for the First Quarter Included: Generated net income attributable to common shareholders of $81.6 million, or $0.96 per fully diluted common share. Achieved adjusted funds from operations ("FFO")(1) per fully diluted common share of $1.63, a 13.2% increase over the same period in 2022. Increased same store revenue by 10.5% and same store net operating income ("NOI")(2) by 12.8%, year-over-year. With a joint venture partner, acquired one store for a total cost of $22.4 million, of which the Company invested

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended March 31, 2023 after the market closes on Tuesday, May 2, 2023. The Company will conduct a conference call to discuss operations and review financial results on Wednesday, May 3, 2023 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 888.506.0062 (domestic), or 973.528.0011 (international

Creates the largest storage operator and one of the largest REITs in the RMZ SALT LAKE CITY and BUFFALO, N.Y., April 3, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE:EXR) ("Extra Space") and Life Storage, Inc. (NYSE:LSI) ("Life Storage") announced today that the two companies have entered into a definitive merger agreement by which Extra Space will acquire Life Storage in an all-stock transaction.  The transaction brings together two industry-leading platforms, and the combined company is expected to have a pro forma equity market capitalization of approximately $36 billion and total enterprise value of approximately $47 billion.

Conference Call at 8:00 a.m. Eastern Time Today to Review Presentation, Fourth Quarter and Full Year 2022 Financial Results and Outlook Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, today published an investor presentation regarding the unsolicited proposal submitted by Public Storage on February 5, 2023. The presentation is available in the investor relations section of the Company's website and has also been filed with the U.S. Securities and Exchange Commission (the "SEC"). Highlights of the presentation include: Public Storage's proposal significantly undervalues Life Storage and the Company's prospects for growth and value creation

Conference Call Rescheduled for Friday, February 24, 2023, at 8:00 a.m. Eastern Time Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter and year ended December 31, 2022. Highlights for the Fourth Quarter Included: Generated net income attributable to common shareholders of $93.8 million, or $1.10 per fully diluted common share. Achieved adjusted funds from operations ("FFO")(1) per fully diluted common share of $1.69, a 19.9% increase over the same period in 2021. Increased same store revenue by 11.8% and same store net operating income ("NOI")(2) by 13.3%, year-over-year. Acquired seven wholl

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended December 31, 2022 after the market closes on Thursday February 23, 2023. The Company will conduct a conference call to discuss operations and review financial results on Friday, February 24, 2023 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 888.506.0062 (domestic), or 973.528.0011 (int

Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended September 30, 2022. Highlights for the Third Quarter Included: Generated net income attributable to common shareholders of $98.5 million, or $1.16 per fully diluted common share. Achieved adjusted funds from operations ("FFO")(1) per fully diluted common share of $1.73, a 26.3% increase over the same period in 2021, and an increase from $1.65 per fully diluted common share of adjusted FFO in the second quarter of 2022. Increased same store revenue by 14.9% and same store net operating income ("NOI")(2) by 18.4%, year-over-year. Acquired 1

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended September 30, 2022 after the market closes on Wednesday, November 2, 2022. The Company will conduct a conference call to discuss operations and review financial results on Thursday, November 3, 2022 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 877.545.0523 (domestic), or 973.528.0016 (

The Company Reports that all Florida Properties are Operational Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today that all 161 of its wholly owned and managed properties in Florida, including 72 properties stretching from the Tampa vicinity down to the more highly impacted area of Naples, are operational. The Company continues to assess preliminary damage related to Hurricane Ian and will provide additional information and updates in conjunction with the Company's next scheduled earnings release and conference call for the third quarter. "The health, safety and well-being of all our customers, teammates, and all those in the i

Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended June 30, 2022. Highlights for the Second Quarter Included: Generated net income attributable to common shareholders of $92.3 million, or $1.09 per fully diluted common share. Achieved adjusted funds from operations ("FFO")(1) per fully diluted common share of $1.65, a 37.5% increase over the same period in 2021. Increased same store revenue by 18.9% and same store net operating income ("NOI")(2) by 25.4%, year-over-year. Both same store revenue and same store net operating income accelerated from the growth reported in the first quarter of

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended June 30, 2022 after the market closes on Wednesday, August 3, 2022. The Company will conduct a conference call to discuss operations and review financial results on Thursday, August 4, 2022 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 888.506.0062 (domestic), or 973.528.0011 (internati

Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended March 31, 2022. Highlights for the First Quarter Included: Generated net income attributable to common shareholders of $73.6 million, or $0.88 per fully diluted common share. Achieved funds from operations ("FFO")(1) per fully diluted common share of $1.44, a 33.3% increase over the same period in 2021. Increased same store revenue by 15.6% and same store net operating income ("NOI")(2) by 21.9%, year-over-year. Acquired 18 stores for $351.5 million, including one store from the Company's third-party management platform. Added 25 stores

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended March 31, 2022 after the market closes on Wednesday, May 4, 2022. The Company will conduct a conference call to discuss operations and review financial results on Thursday, May 5, 2022 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 888.506.0062 (domestic), or 973.528.0011 (international)

Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter and year ended December 31, 2021. All share and per share information has been retrospectively adjusted to reflect the January 2021 three-for-two stock split made in the form of a 50% stock dividend. Highlights for the Fourth Quarter Included: Generated net income attributable to common shareholders of $74.1 million, or $0.90 per fully diluted common share. Achieved adjusted funds from operations ("FFO")(1) per fully diluted common share of $1.41, a 31.8% increase over the same period in 2020. Increased same store revenue by 16.9% and same store

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended December 31, 2021 after the market closes on Thursday, February 24, 2022. The Company will conduct a conference call to discuss operations and review financial results on Friday, February 25, 2022 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 877.234.0062 (domestic), or 973.413.6112 (in

Life Storage, Inc., (NYSE:LSI), a leading national owner and operator of self-storage properties, will issue financial results for the quarter ended September 30, 2021 after the market closes on Tuesday, November 2, 2021. The Company will conduct a conference call to discuss operations and review financial results on Wednesday, November 3, 2021 at 9:00 a.m. Eastern Time. The Company encourages pre-registration for the telephone conference to help avoid connection delays. Participants may use this link to pre-register and receive a dial-in number and unique PIN. Participants who are unable to pre-register may access the conference call by dialing 888.506.0062 (domestic), or 973.528.0011 (i

Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, reported operating results for the quarter ended June 30, 2021. Certain share and per share information has been retrospectively adjusted to reflect the January 2021 three-for-two stock split made in the form of a 50% stock dividend. Highlights for the Second Quarter Included: Generated net income attributable to common shareholders of $57.5 million, or $0.74 per fully diluted common share. Achieved adjusted funds from operations ("FFO")(1) per fully diluted common share of $1.20, a 27.7% increase over the same period in 2020. Increased same store revenue by 14.7% and same store net opera