Extra Space Storage Inc. Reports 2019 Fourth Quarter and Year-End Results

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Extra Space Storage (EXR) Tops Q4 EPS by 7c, Revenues Beat

February 18, 2020 4:27 PM EST

Extra Space Storage (NYSE: EXR) reported Q4 EPS of $0.86, $0.07 better than the analyst estimate of $0.79. Revenue for the quarter came in at $335.8 million versus the consensus estimate of $289.61 million.

Highlights for the three months ended December 31, 2019:

Achieved net income attributable to common stockholders of $0.86 per diluted share, representing a 7.5% increase compared to the same period in 2018.Achieved funds from operations attributable to common stockholders and unit holders (\"FFO\") of $1.26 per... More