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

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Go back to Extra Space Storage (EXR) Tops Q1 FFO by 1c, Offers FY Guidance

Extra Space Storage Inc. Reports 2016 First Quarter Results

May 2, 2016 4:01 PM EDT

SALT LAKE CITY, May 2, 2016 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States, announced operating results for the three months ended March 31, 2016.

Highlights for the three months ended March 31, 2016:

Achieved funds from operations attributable to common stockholders ("FFO") of $0.79 per diluted share. Excluding costs associated with acquisitions, non-cash interest and the loss related to settlement of legal action, FFO as adjusted was $0.86 per diluted... More