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National Storage (NSA) Reports Q4 Earnings: What Key Metrics Have to Say
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National Storage (NSA - Free Report) reported $190.12 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 11.7%. EPS of $0.60 for the same period compares to $0.72 a year ago.
The reported revenue represents a surprise of -0.76% over the Zacks Consensus Estimate of $191.58 million. With the consensus EPS estimate being $0.58, the EPS surprise was +3.45%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how National Storage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Management fees and other revenue: $12.38 million versus $10.78 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +34.3% change.
Revenue- Rental revenue: $171.03 million compared to the $173.35 million average estimate based on three analysts. The reported number represents a change of -13.9% year over year.
Revenue- Other property-related revenue: $6.71 million compared to the $7.15 million average estimate based on two analysts. The reported number represents a change of -10.6% year over year.
Earnings (loss) per share - Diluted: $0.15 versus $0.13 estimated by three analysts on average.
Shares of National Storage have returned +3.2% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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National Storage (NSA) Reports Q4 Earnings: What Key Metrics Have to Say
National Storage (NSA - Free Report) reported $190.12 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 11.7%. EPS of $0.60 for the same period compares to $0.72 a year ago.
The reported revenue represents a surprise of -0.76% over the Zacks Consensus Estimate of $191.58 million. With the consensus EPS estimate being $0.58, the EPS surprise was +3.45%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how National Storage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Management fees and other revenue: $12.38 million versus $10.78 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +34.3% change.
- Revenue- Rental revenue: $171.03 million compared to the $173.35 million average estimate based on three analysts. The reported number represents a change of -13.9% year over year.
- Revenue- Other property-related revenue: $6.71 million compared to the $7.15 million average estimate based on two analysts. The reported number represents a change of -10.6% year over year.
- Earnings (loss) per share - Diluted: $0.15 versus $0.13 estimated by three analysts on average.
View all Key Company Metrics for National Storage here>>>Shares of National Storage have returned +3.2% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.