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EXRBearishEarningsnews
Materiality pending

Compared to Estimates, Extra Space Storage (EXR) Q1 Earnings: A Look at Key Metrics

Apr 30, 2024, 7:11 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- Q1 2024 revenue: $799.54 million, +58.9% YoY, EPS: $1.96 - Revenue beats Zacks Consensus Estimate of $786.47 million by +1.66% - Key metrics show positive performance in occupancy, rental, insurance, and fees - Stock returns -6.4% in past month, Zacks Rank #4 (Sell) Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Q1 2024 revenue: $799.54 million, +58.9% YoY, EPS: $1.96
  • Revenue beats Zacks Consensus Estimate of $786.47 million by +1.66%
  • Key metrics show positive performance in occupancy, rental, insurance, and fees
  • Stock returns -6.4% in past month, Zacks Rank #4 (Sell)

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