Extra Space Storage Inc expected to post earnings of $1.06 a share - Earnings Preview

Extra Space Storage

21/02/2025 21:07

* Extra Space Storage Inc  EXR.N   EXR  is expected to show
a rise
in quarterly revenue when it reports  results on February 25 for
the period ending December 31 2024
    * The Salt Lake City Utah-based  company is expected to
report a
9.0% increase in revenue to $759.594 million from $696.98
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data. (SAL basis is on Property Revenue
/ Total Revenue basis)
    * ​LSEG's mean analyst estimate for Extra Space Storage Inc
is for
earnings of $1.06 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Extra Space
Storage Inc is $169.00​, above​ its last closing price
of $155.94. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.03        2.04       2.07      Beat    1.7
 Jun. 30 2024  2.01        2.00       2.06      Beat    3
 Mar. 31 2024  1.94        1.95       1.87      Missed  -3.9​
 Dec. 31 2023  2.03        2.02       1.89      Missed  -6.6
 ​​Sep.        2.02        1.92       2.02      Beat    5.2
 30 2023                                                
 Jun. 30 2023  2.15        2.14       2.06      Missed  -3.9​
 Mar. 31 2023  2.05        2.06       2.02      Missed  -2
 Dec. 31 2022  2.08        2.07       2.09      Beat    1.1
 This summary was machine generated February 21 at 21:07 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)