Life Storage, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 243.02 million compared to USD 227.24 million a year ago. Revenue was USD 277.59 million compared to USD 257.05 million a year ago. Net income was USD 80.77 million compared to USD 92.26 million a year ago. Basic earnings per share from continuing operations was USD 0.95 compared to USD 1.09 a year ago. Diluted earnings per share from continuing operations was USD 0.94 compared to USD 1.09 a year ago.
For the six months, sales was USD 483.51 million compared to USD 432.75 million a year ago. Revenue was USD 551.19 million compared to USD 490.54 million a year ago. Net income was USD 162.38 million compared to USD 165.84 million a year ago. Basic earnings per share from continuing operations was USD 1.91 compared to USD 1.98 a year ago. Diluted earnings per share from continuing operations was USD 1.9 compared to USD 1.97 a year ago.