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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 ...
Life Storage ( NYSE: LSI ) is scheduled to announce Q4 earnings results on Thursday, February 23rd, after market close. The consensus FFO Estimate is $1.64 and the consensus Revenue Estimate is $263.89M (+19.3% Y/Y).\ Over the last 2 years, LSI has beaten FFO estimate...
Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Apple ( AAPL ) said to start laying off contractors in recent days. Tesla ( TSLA ) falls into negative territory after recalling +360K vehicles in the U.S. Norfolk Southern ( NSC )...
Life Storage's ( NYSE: LSI ) board on Thursday rejected the unsolicited proposal from rival Public Storage ( NYSE: PSA ), saying the offer "significantly undervalues" the company as well as its prospects for future growth. Public Storage ( PSA ), as previously reported...
Board Determined Proposal Significantly Undervalues the Company and its Future Growth Prospects, and Is Not in the Best Interests of Life Storage and its Shareholders Life Storage, Inc. (NYSE:LSI), a leading national owner and operator of self-storage properties, today announced...
Life Storage, Inc . (NYSE:LSI), a leading national owner and operator of self-storage properties, announced today the receipt of a national award recognizing the company’s culture. For 2023, for the second consecutive year, Life Storage has been named one of America’s Best Midsize...
Summary U.S. equity markets declined while benchmark interest rates jumped this week as hawkish commentary from Fed officials, heightened geopolitical tensions, and mixed corporate earnings results weighed on sentiment. Posting just its second weekly decline of the year, the S&P 500...
Summary I’ve used the term KISS before, and I’m hardly responsible for coining it. For those of you who are new to my page, it stands for “keep it simple, sweetheart.”. The message is clear: Don’t complicate what doesn’t have to be complicat...
Summary The merger has some synergy to it. I think there will be a slightly higher bid. Here is how to play it and the risks involved. On February 5, after the market close, Public Storage ( PSA ) publicly announced its intent to buy Life Storage ( LSI ). The all stock...
Summary Public Storage has launched a hostile takeover bid for Life Storage with an all-stock offer. The 1980s called - they want their M&A tactics back. Hostile takeovers aren't very common anymore - this deal is notable for being hostile, all-stock, and for the antitrust atten...
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Equity LifeStyle Properties Set to Join S&P MidCap 400 Equity LifeStyle Properties Set to Join S&P MidCap 400 PR Newswire NEW YORK , July 19, 2023 /PRNewswire/ -- Equity LifeStyle Properties Inc. (NYSE:ELS) will replace Life Storage Inc. (NYSE:LS...
Extra Space and Life Storage Stockholders Approve Merger PR Newswire SALT LAKE CITY and BUFFALO, N.Y. , July 18, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) ("Extra Space" or "EXR") and Life Storage, Inc. (NYSE: LSI) ("Life Storage" or "LSI") to...
David Dodman, COO of Life Storage, To Add CFO Responsibilities Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed ...