Extra Space Storage (EXR) Tops Q3 EPS by 18c

Extra Space Storage (NYSE: EXR) reported Q3 EPS of $1.40, $0.18 better than the analyst estimate of $1.22.

• Achieved funds from operations attributable to common stockholders and unit holders ("FFO") of $1.85 per diluted share. FFO, excluding adjustments for non-cash interest ("Core FFO"), was also $1.85 per diluted share, representing a 41.2% increase compared to the same period in 2020.
• Increased same-store revenue by 18.4% and same-store net operating income (\"NOI\") by 27.8% compared to the same period in 2020.

For earnings history and earnings-related data on Extra Space Storage (EXR) click here.

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• Synopsys upgraded at Piper Sandler on Intel foundry momentum, Apple opportunity
• Carnival shares drop despite earnings beat on weak guidance