Extra Space Storage (EXR) Releases FY12 Earnings Guidance
Extra Space Storage (EXR) updated its FY12 earnings guidance on Monday. The company provided EPS guidance of $1.56-1.58 for the period.
Extra Space Storage (EXR) traded down 0.06% on Monday, hitting $33.10. Extra Space Storage (EXR) has a 52-week low of $21.80 and a 52-week high of $35.17. The company has a market cap of $3.447 billion and a price-to-earnings ratio of 43.29.
Extra Space Storage last issued its quarterly earnings data on Monday, October 29th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.02. The company’s quarterly revenue was up 30.6% on a year-over-year basis. Analysts expect that Extra Space Storage (EXR) will post $1.53 EPS for the current fiscal year.
A number of research firms have also recently commented on EXR. Analysts at Goldman Sachs initiated coverage on shares of Extra Space Storage in a research note to investors on Monday, October 22nd. They set a buy rating on the stock. On a related note, analysts at KeyBanc reiterated a buy rating on shares of Extra Space Storage in a research note to investors on Thursday, September 20th. Finally, analysts at Jefferies Group reiterated a hold rating on shares of Extra Space Storage in a research note to investors on Thursday, August 16th.
Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT).
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