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Extra Space Storage Q1 Core FFO, Revenue Rise; 2025 Guidance Reaffirmed
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Extra Space Storage Q1 Core FFO, Revenue Rise; 2025 Guidance Reaffirmed
May 25, 2025 9:14 PM

04:38 PM EDT, 04/29/2025 (MT Newswires) -- Extra Space Storage ( EXR ) reported Q1 core funds from operations late Tuesday of $2 per diluted share, up from $1.96 a year earlier.

Analysts polled by FactSet expected $1.98.

Revenue for the quarter ended March 31 was $820.0 million, up from $799.5 million a year earlier.

Analysts polled by FactSet expected $807.5 million.

For full-year 2025, the company reaffirmed its core FFO guidance of $8 to $8.30. Analysts polled by FactSet expect $8.20.

The company's shares were up more than 3% in recent after-hours activity.

Price: 145.99, Change: +4.56, Percent Change: +3.22

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