Extra Space Storage Inc expected to post earnings of 99 cents a share - Earnings Preview

Extra Space Storage

26/04/2024 21:52

* Extra Space Storage Inc  EXR.N   EXR  is expected to show
a rise
in quarterly revenue when it reports  results on April 30 for
the period ending March 31 2024
    * The Salt Lake City Utah-based  company is expected to
report a
62.2% increase in revenue to $703.918 million from $433.96
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Extra Space Storage Inc
is for
earnings of 99 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Extra Space
Storage Inc is $157.00​, above​ its last closing price
of $133.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.03        2.02       1.89      Missed  -6.6
 Sep. 30 2023  2.02        1.92       2.02      Beat    5.2
 Jun. 30 2023  2.15        2.14       2.06      Missed  -3.9​
 Mar. 31 2023  2.05        2.06       2.02      Missed  -2
 ​​Dec.        2.08        2.07       2.09      Beat    1.1
 31 2022                                                
 Sep. 30 2022  2.19        2.19       2.21      Beat    1​
 Jun. 30 2022  2.03        2.03       2.13      Beat    4.7
 Mar. 31 2022  1.89        1.87       2.01      Beat    7.4
 This summary was machine generated April 26 at 20:52 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)