04:42 PM EDT, 07/30/2024 (MT Newswires) -- Extra Space Storage ( EXR ) late Tuesday reported Q2 core funds from operations of $2.06 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected an adjusted FFO of $2.00 a share.

Revenue for the quarter ended June 30 was $810.7 million, up from $511.4 million.

Analysts surveyed by Capital IQ expected $697.1 million.

For 2024, the company now expects core FFO in the range of $7.95 to $8.15, compared with the prior projection of $7.85 to $8.15. Analysts polled by Capital IQ expected $8.04 for the year.

As of June 30, the company managed 1,423 stores for third parties and 472 stores in unconsolidated joint ventures, for a total of 1,895 managed stores.

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