Extra Space Storage Inc. (EXR)
Extra Space Storage Inc. (EXR) Q2 2025 Earnings Call Transcript
Extra Space Storage Inc. (NYSE:EXR ) Q2 2025 Earnings Conference Call July 31, 2025 1:00 PM ET Company Participants Jared Conley - Corporate Participant Jeffrey Norman - Corporate Participant Joseph Daniel Margolis - CEO & Director Conference Call Participants Alex Murphy - Unidentified Company Truist Securities - Unidentified Company B - Barclays Bank PLC, Research Division r - Unidentified Company e - Unidentified Company n - Unidentified Company d - Unidentified Company a - Unidentified Company n - Unidentified Company J - Unidentified Company a - Unidentified Company m - Unidentified Company e - Unidentified Company s - Unidentified Company L - Unidentified Company y - Unidentified Company n - Unidentified Company c - Unidentified Company h - Unidentified Company Eric Thomas Luebchow - Unidentified Company l - Unidentified Company l - Unidentified Company r - Unidentified Company s - Unidentified Company F - Unidentified Company a - Unidentified Company e - Unidentified Company g - Unidentified Company o - Unidentified Company e - Unidentified Company c - Unidentified Company u - Unidentified Company r - Unidentified Company i - Unidentified Company t - Unidentified Company i - Unidentified Company W - Unidentified Company s - Unidentified Company L - Unidentified Company e - Unidentified Company L - Unidentified Company R - Unidentified Company e - Unidentified Company s - Unidentified Company e - Unidentified Company a - Unidentified Company r - Unidentified Company c - Unidentified Company h - Unidentified Company r - Unidentified Company i - Unidentified Company c - Unidentified
Extra Space Storage Q2 Core FFO Lags Estimates, Revenues Beat
EXR's Q2 FFO misses estimates as rising expenses offset revenue gains and occupancy growth.
Extra Space Storage (EXR) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Extra Space Storage (EXR) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Extra Space Storage (EXR) Q2 FFO Lag Estimates
Extra Space Storage (EXR) came out with quarterly funds from operations (FFO) of $2.05 per share, missing the Zacks Consensus Estimate of $2.06 per share. This compares to FFO of $2.06 per share a year ago.
Seeking Clues to Extra Space Storage (EXR) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of Extra Space Storage (EXR) for the quarter ended June 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Extra Space Storage to Report Q2 Earnings: What to Expect From It?
EXR's Q2 revenues are likely to have risen on acquisitions and scale, but FFO per share is expected to have remained unchanged.
EXR Rallies 15% in 3 Months: Time to Buy, Hold or Sell the Stock?
Extra Space Storage Inc. EXR, the largest self-storage REIT in the United States, has seen its share price climb 15.5% over the past three months, outperforming its industry's rise of 10.3%. Its peers like Public Storage PSA have gained 7.5%, while National Storage Affiliates Trust NSA has declined 2.9% over the same time frame.
Extra Space Storage: Extra Space To Run Up
I initiate coverage on Extra Space Storage with a buy and overweight rating due to its strong industry and sector positioning and impressive underlying valuation prospects. Despite recent underperformance, I believe the overall REIT space will be bought up by value and income investors looking for a place to invest capital during the Fed cutting cycle. EXR's low vacancy rates, ability to charge high rental rates, and diverse geographical exposure all add to the recession-proof perspective of the stock.
Should You Retain Extra Space Storage Stock in Your Portfolio Now?
EXR eyes long-term growth with store expansion and a strong balance sheet but faces pricing pressure from rising supply.
Extra Space Storage: Solid Q1 Results, Buy The Leader In Self Storage
Extra Space Storage Inc. is the leading self storage REIT with a consistent history of paying rising dividends. EXR outperforms peers Public Storage and CubeSmart on five-year dividend growth rate, and consistent dividend increases, making it attractive for long-term income. Management excels at acquiring and optimizing properties, leveraging technology and AI to drive occupancy, revenue growth, and market share expansion.
Extra Space Storage May Be Nearing An Inflection (Rating Upgrade)
I am upgrading Extra Space Storage to a 'buy' as industry supply pressures ease and business fundamentals show signs of turning the corner. EXR's leading market position, solid balance sheet, and secure 4.5% dividend yield support my positive outlook despite recent underperformance. Improving occupancy, Life Storage synergies, and moderating costs position EXR for 3-4% growth next year, with the potential for resumed dividend growth.
Extra Space Storage Inc. (EXR) Q1 2025 Earnings Conference Call Transcript
Extra Space Storage Inc. (NYSE:EXR ) Q1 2025 Earnings Conference Call April 30, 2025 1:00 PM ET Company Participants Jared Conley - VP, IR Joe Margolis - CEO Scott Stubbs - CFO Conference Call Participants Michael Goldsmith - UBS Samir Khanal - BofA Securities Nick Yulico - Scotiabank AJ Peak - KeyBanc Capital Markets Ronald Kamden - Morgan Stanley Spenser Glimcher - Green Street Eric Wolfe - Citi Juan Sanabria - BMO Capital Markets Brad Heffern - RBC Eric Luebchow - Wells Fargo Caitlin Burrows - Goldman Sachs Michael Griffin - Evercore ISI Ravi Vaidya - Mizuho Ki Bin Kim - Truist Mike Mueller - JP Morgan Brendan Lynch - Barclays Omotayo Okusanya - Deutsche Bank Good afternoon, ladies and gentlemen, and welcome to the Extra Space Storage, Inc. Q1 2025 Earnings Conference Call. At this time, all lines are in a listen-only mode.
