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2023-03-06 12:11:17 ET Summary Public Storage recently made headlines for the publication of their unsolicited bid to acquire rival, Life Storage. While the offer was rejected, LSI's board hasn't completely ruled out further negotiations. The significantly fragmented nature of...
2023-03-05 09:00:00 ET Summary U.S. equity markets rebounded following their worst week of the year as investors parsed data showing surprising resilience in global economic activity this winter despite stiff interest rate headwinds. Snapping a three-week skid and notching its bes...
Life Storage ( NYSE: LSI ) has canceled from an appearance at Citi's annual property CEO conference next week. Life Storage ( LSI ) will not be attending the Citi Global Property CEO Conference in Hollywood, Florida next week, the company confirmed on Friday, though declined to pr...
Summary Nearly 200 U.S. REITs have reported fourth-quarter earnings results over the past month, providing critical information on the state of the real estate industry in a period defined by post-pandemic uncertainty. Rising rate concerns overshadowed a surprisingly strong slate of rep...
Summary U.S. equity markets posted their worst week of the year as benchmark interest rates jumped to three-month highs on data showing a surprising reacceleration in inflation and economic activity in January. Declining for a third straight week - a skid that follows a stretch of four-...
Life Storage, Inc. (LSI) Q4 2022 Earnings Conference Call February 24, 2023 08:00 ET Company Participants Brent Maedl - Manager of Investor Relations Joseph Saffire - Chief Executive Officer Alex Gress - Chief Financial Officer Conference Call Participants ...
Self storage REIT Life Storage ( NYSE: LSI ) said it expects low double digit growth in 2024 earnings, with the 2024 FFO per share estimated to grow by 9% to 13%. The consensus revenue estimate stands at $7.26 (+5.59% Y/Y) and consensus revenue estimate is $1.18B (+6...
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 regar...
Life Storage press release ( NYSE: LSI ): Q4 FFO of $1.69 beats by $0.05 . Revenue of $274.68M (+24.2% Y/Y) beats by $10.79M . Increased same store revenue by 11.8% and same store net operating income by 13.3%, year-over-year. Year 2023 Earnings Guidance : ...
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 ...
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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 ...