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Extra Space Storage gains after strong quarter

Apr. 30, 2015 3:20 PM ETExtra Space Storage Inc. (EXR) StockEXRBy: Stephen Alpher, SA News Editor
  • Zigging higher as the broader market, REITs included, zig lower is Extra Space Storage (EXR +1.6%) which last night reported adjusted FFO of $0.69 per share - a penny ahead of estimates and up 21.1% from a year ago.
  • The 2015 adjusted FFO outlook is for $2.94-$3.02 per share, inline with consensus.
  • Previously: REITs can't catch a bid as averages slide (April 30)

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