Extra Space Storage (EXR) Q1 FFO Surpass Estimates

分组1 - Extra Space Storage (EXR) reported quarterly funds from operations (FFO) of $2 per share, exceeding the Zacks Consensus Estimate of $1.96 per share, and showing an increase from $1.96 per share a year ago, resulting in an FFO surprise of 2.04% [1] - The company posted revenues of $820 million for the quarter ended March 2025, which was 0.42% below the Zacks Consensus Estimate, compared to $799.54 million in revenues from the same quarter last year [2] - Over the last four quarters, Extra Space Storage has surpassed consensus FFO estimates four times and topped consensus revenue estimates two times [2] 分组2 - The stock has lost approximately 5.1% since the beginning of the year, while the S&P 500 has declined by 6% [3] - The current consensus FFO estimate for the upcoming quarter is $2.06 on revenues of $838.16 million, and for the current fiscal year, it is $8.16 on revenues of $3.33 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is currently in the bottom 38% of over 250 Zacks industries, indicating potential challenges for the sector [8]