National Storage Affiliates Trust (NSA) Q1 2025 Earnings Call Transcript

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Q1: 2025-05-05 Earnings Summary

Insights
EPS of $0.10 misses by $0.05
 | Revenue of $188.35M (-3.97% Y/Y) beats by $1.41M

National Storage Affiliates Trust (NYSE:NSA) Q1 2025 Earnings Conference Call May 6, 2025 1:00 PM ET

Company Participants

George Hoglund - Vice President, Investor Relations
Dave Cramer - President & Chief Executive Officer
Brandon Togashi - Chief Financial Officer

Conference Call Participants

Eric Wolfe - Citi
Samir Khanal - Bank of America
Michael Goldsmith - UBS
Robin Haneland - BMO Capital Markets
Todd Thomas - KeyBanc Capital Markets
Salil Mehta - Green Street
Ronald Kamdem - Morgan Stanley
Ravi Vaidya - Mizuho Securities
Omotayo Okusanya - Deutsche Bank

Operator

Greetings, and welcome to the National Storage Affiliates First Quarter 2025 Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Mr. George Hoglund, Vice President of Investor Relations for National Storage Affiliates. Thank you. You may begin.

George Hoglund

We'd like to thank you for joining us today for the First Quarter 2025 Earnings Conference Call of National Storage Affiliates Trust. On the line with me here today are NSA's President and CEO, Dave Cramer; and CFO, Brandon Togashi.

Following prepared remarks, management will accept questions from registered financial analysts. Please limit your questions to one question and one follow-up and then return to the queue if you have more questions.

In addition to the press release distributed yesterday afternoon, we furnished our supplemental package with additional detail on our results, which may be found in the Investor Relations section on our website at nsastorage.com.

On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements that are subject to risks and uncertainties and represent management's estimates as of today, May 6, 2025. The company assumes no obligation

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