Investing.com - National Storage Affiliates Trust reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
National Storage Affiliates Trust announced earnings per share of $0.72 on revenue of $140.8M. Analysts polled by Investing.com anticipated EPS of $0.28 on revenue of $199.99M.
National Storage Affiliates Trust shares are up 17.79% from the beginning of the year and are trading at $38.99 , down-from-52-week-high.
National Storage Affiliates Trust shares lost 0.71% in after-hours trade following the report.
National Storage Affiliates Trust follows other major Real Estate sector earnings this month
National Storage Affiliates Trust's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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