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Tuesday, February 20, 2018

Extra Space Storage (EXR) reported earnings on Tue 20 Feb 2018 (a/h)

** charts after earnings **


Extra Space Storage beats by $0.09, misses on revs; guides FY18 FFO above consensus 
  • Reports Q4 (Dec) funds from operations of $1.17 per share, $0.09 better than the Capital IQ Consensus of $1.08; revenues rose 7.6% year/year to $246.4 mln vs the $250 mln Capital IQ Consensus.
  • Co issues upside guidance for FY18, sees FFO of $4.52-4.62 vs. $4.50 Capital IQ Consensus Estimate. 

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