Extra Space Storage (EXR) Tops Q1 FFO by 1c, Offers Fy Guidance

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Extra Space Storage Inc. Reports 2015 First Quarter Results

April 29, 2015 4:07 PM EDT

SALT LAKE CITY, April 29, 2015 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage in the United States, announced operating results for the three months ended March 31, 2015.

Highlights for the three months ended March 31, 2015:

Achieved funds from operations ("FFO") of $0.68 per diluted share. Excluding costs associated with acquisitions and non-cash interest, FFO as adjusted was $0.69 per diluted share, representing a 21.1% increase compared to the same period in 2014. Increased... More