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Life Storage Inc (NYSE:LSI)
Non-Recurring Items
$18.5 Mil (TTM As of Sep. 2016)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Life Storage Inc's non-recurring items for the three months ended in Sep. 2016 was $0.9 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Sep. 2016 was $18.5 Mil.

As of today, Life Storage Inc's share price is $81.56. Life Storage Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Sep. 2016 was $2.49. Therefore, Life Storage Inc's P/E (NRI) ratio for today is 32.76.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Life Storage Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Sep. 2016 was 0.482 (Dec. 2015 ) + 0.915 (Mar. 2016 ) + 16.268 (Jun. 2016 ) + 0.882 (Sep. 2016 ) = $18.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Life Storage Inc's P/E (NRI) Ratio for today is calculated as

Life Storage Inc's Share Price of today is $81.56.
Life Storage Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Sep. 2016 was 0.83 (Dec. 2015 ) + 0.73 (Mar. 2016 ) + 1.03 (Jun. 2016 ) + -0.1 (Sep. 2016 ) = $2.49.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Life Storage Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Non Operating Income -2.30.20.11.00.21.01.62.47.32.9

Life Storage Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Non Operating Income 0.42.43.90.60.90.90.50.916.30.9
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