National Storage Affiliates Trust Reports First Quarter 2021 Results
GREENWOOD VILLAGE, Colo.–(BUSINESS WIRE)–National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today reported the Company’s first quarter 2021 results.
First Quarter 2021 Highlights
- Reported net income of $27.6 million for the first quarter of 2021, an increase of 75.3% compared to the first quarter of 2020. Reported diluted earnings per share of $0.19 for the first quarter of 2021 compared to $0.06 for the first quarter of 2020.
- Reported core funds from operations (“Core FFO”) of $51.2 million, or $0.49 per share for the first quarter of 2021, an increase of 22.5% per share compared to the first quarter of 2020.
- Reported an increase in same store net operating income (“NOI”) of 11.5% for the first…