- All 161 of Life Storage's ( NYSE: LSI ) wholly owned and managed properties in Florida, including 72 properties from the Tampa area to the more highly impacted Naples region, are operational, the company said Wednesday.
- The company is assessing preliminary damage related to Hurricane Ian and will provide more information and updates along with its Q3 earnings release and conference call.
- "We have been in regular communication with our team throughout to provide updates and resource support as needed," said CEO Joseph Saffire.
- Life Storage ( LSI ) hasn't yet disclosed the date it will release Q3 earnings.
- In August, Evercore ISI downgraded Life Storage ( LSI ) to In Line from Outperform on the expectation that the company will increase capital expenditures.
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Life Storage says all of its properties in Florida are operating