Extra Space Storage(US:EXR) ZACKSยท2025-07-30 22:26Company Performance - Extra Space Storage (EXR) reported quarterly funds from operations (FFO) of $2.05 per share, slightly missing the Zacks Consensus Estimate of $2.06 per share, and down from $2.06 per share a year ago [1][2] - The company posted revenues of $841.62 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.70%, compared to $810.66 million in the same quarter last year [3] Market Comparison - Extra Space Storage shares have increased by approximately 1.5% since the beginning of the year, while the S&P 500 has gained 8.3% [4] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $2.08 on revenues of $848.1 million, and for the current fiscal year, it is $8.18 on revenues of $3.32 billion [8] - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the top 34% of over 250 Zacks industries, suggesting a favorable outlook for the industry [9] Estimate Revisions - The estimate revisions trend for Extra Space Storage was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7]