Earnings Summary

Life Storage, Inc.’s revenue jumped 22.81% since last year same period to $273.6Mn in the Q1 2023. On a quarterly growth basis, Life Storage, Inc. has generated -0.39% fall in its revenue since last 3-months.

Life Storage, Inc.’s net profit jumped 59.4% since last year same period to $117.28Mn in the Q1 2023. On a quarterly growth basis, Life Storage, Inc. has generated 25.05% jump in its net profits since last 3-months.

Life Storage, Inc.’s net profit margin jumped 29.78% since last year same period to 42.86% in the Q1 2023. On a quarterly growth basis, Life Storage, Inc. has generated 25.54% jump in its net profit margins since last 3-months.

Life Storage, Inc.’s price-to-earnings ratio after this Q1 2023 earnings stands at 32.52.

Life Storage, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.06 - a -3.64% fall from last quarter’s estimates.

Life Storage, Inc.’s earning per share (EPS) estimates for the current year stand at 1.06.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Life Storage, Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Life Storage, Inc.’s return on equity (ROE) stands at 0.1.

Life Storage, Inc. declared 1.2 dividend per share during the earnings announcement for Q1 2023.