National Storage (NSA) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - National Storage (NSA) reported a revenue of $190.12 million for the quarter ended December 2024, reflecting a year-over-year decline of 11.7% and an EPS of $0.60 compared to $0.72 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $191.58 million by 0.76%, while the EPS exceeded the consensus estimate of $0.58 by 3.45% [1] Revenue Breakdown - Management fees and other revenue amounted to $12.38 million, surpassing the average estimate of $10.78 million by three analysts, marking a year-over-year increase of 34.3% [4] - Rental revenue was reported at $171.03 million, below the average estimate of $173.35 million, indicating a year-over-year decline of 13.9% [4] - Other property-related revenue reached $6.71 million, also below the average estimate of $7.15 million, representing a year-over-year decrease of 10.6% [4] Stock Performance - Shares of National Storage have returned +3.2% over the past month, contrasting with a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]