05:43 PM EDT, 08/05/2024 (MT Newswires) -- National Storage Affiliates Trust ( NSA ) reported Q2 core funds from operations late Monday of $0.62 per diluted share, down from $0.68 a year earlier.

Analysts polled by Capital IQ expected $0.63.

Revenue in the quarter ended June 30 fell to $190.5 million from $215.5 million a year earlier.

Three analysts in a Capital IQ survey projected $195.6 million.

The company reduced 2024 core FFO guidance to $2.36 to $2.44 a share from $2.40 to $2.56. Analysts expect $2.48.

Shares of the company jumped 10% in recent after-hours trading.

Price: 46.78, Change: +4.38, Percent Change: +10.33