Extra Space Storage Q3 Core FFO, Revenue Increases; 2024 Guidance Updated

MT Newswires Live

Oct 30, 2024

Extra Space Storage (EXR) reported Q3 core funds from operations late Tuesday of $2.07 per diluted share, up from $2.02 a year earlier.

Analysts polled by Capital IQ expected an adjusted FFO of $1.86.

Revenue for the quarter ended Sept. 30 was $824.8 million, up from $748 million.

Analysts surveyed by Capital IQ expected $703.7 million.

For 2024, the company now expects core FFO in the range of $8 to $8.15, compared with the prior projection of $7.95 to $8.15. Analysts polled by Capital IQ expect $7.56.

As of Sept. 30, the company managed 1,461 stores for third-party owners and 460 stores in unconsolidated joint ventures, for a total of 1,921 managed stores.

Price: 165.49, Change: -0.13, Percent Change: -0.08

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Analysts polled by Capital IQ expect $7.56.</p><p>As of Sept. 30, the company managed 1,461 stores for third-party owners and 460 stores in unconsolidated joint ventures, for a total of 1,921 managed stores.</p><p>Price: 165.49, Change: -0.13, Percent Change: -0.08</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EXR","symbol_name":"Extra Space Storage Inc","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2479527142","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479527142","pubTimestamp":1730234370,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Analysts polled by Capital IQ expect $7.56.As of Sept. 30, the company managed 1,461 stores for third-party owners and 460 stores in unconsolidated joint ventures, for a total of 1,921 managed stores.Price: 165.49, Change: -0.13, Percent Change: -0.08","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"EXR":"Extra Space Storage Inc"},"translate_title":"额外空间存储Q3核心FFO，收入增加；2024年指南更新","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EXR":1},"content_text":"Extra Space Storage (EXR) reported Q3 core funds from operations late Tuesday of $2.07 per diluted share, up from $2.02 a year earlier.Analysts polled by Capital IQ expected an adjusted FFO of $1.86.Revenue for the quarter ended Sept. 30 was $824.8 million, up from $748 million.Analysts surveyed by Capital IQ expected $703.7 million.For 2024, the company now expects core FFO in the range of $8 to $8.15, compared with the prior projection of $7.95 to $8.15. Analysts polled by Capital IQ expect $7.56.As of Sept. 30, the company managed 1,461 stores for third-party owners and 460 stores in unconsolidated joint ventures, for a total of 1,921 managed stores.Price: 165.49, Change: -0.13, Percent Change: -0.08","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}