Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Global Self Storage Reports Revenue Gain


Global Self Storage (NASDAQ:SELF), a self-storage real estate investment trust (REIT) operating across the U.S, announced its financial results for the quarter ended June 30, 2025, on August 8, 2025. Global Self Storage delivered $3.19 million in GAAP revenue, beating analysts’ estimates of $3.05 million, and reported GAAP diluted earnings per share of $0.06, compared to $0.05 for Q2 2024. Same-store Net Operating Income (NOI), a non-GAAP measure, increased 4.0%, while occupancy and average tenant duration reached new highs. The quarter demonstrated stability and operational efficiency, although growth in revenue and portfolio size remained measured given industry competition and a lack of new acquisitions.

Source: Analyst estimates for the quarter provided by FactSet.

Global Self Storage owns and manages self-storage facilities, providing storage solutions to residential and commercial customers. The company holds a portfolio of 12 same-store locations and manages one third-party property across eight U.S. states. It operates as a REIT, which means it must meet specific regulatory requirements and distribute most of its earnings to shareholders via dividends.

Continue reading


Source Fool.com

Like: 0
Share

Comments