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Extra Space Storage Inc   (EXR)
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Price: $139.3300 $-2.98 -2.094%
Day's High: $142.53 Week Perf: -6.75 %
Day's Low: $ 139.02 30 Day Perf: -0.19 %
Volume (M): 2,429 52 Wk High: $ 165.85
Volume (M$): $ 338,377 52 Wk Avg: $139.86
Open: $140.31 52 Wk Low: $101.19



 Market Capitalization (Millions $) 27,215
 Shares Outstanding (Millions) 195
 Employees 4,309
 Revenues (TTM) (Millions $) 2,269
 Net Income (TTM) (Millions $) 843
 Cash Flow (TTM) (Millions $) 147
 Capital Exp. (TTM) (Millions $) 1,650

Extra Space Storage Inc
Extra Space Storage Inc. is one of the largest self-storage companies in the United States. It was founded in 1977 and is headquartered in Salt Lake City, Utah. The company operates over 1,900 self-storage facilities across 40 states in the U.S. and in Puerto Rico, making it one of the largest self-storage companies in the world.

Extra Space Storage offers a wide range of storage unit sizes, from small lockers to large units, designed to accommodate different storing needs, from individuals, households to businesses. The company caters to both residential and commercial customers and offers various storage solutions such as climate-controlled units, RV and boat storage, drive-up access, and vehicle parking.

The company prides itself on providing excellent customer service in all its facilities. The facilities are clean, well-maintained, and secure, with 24-hour video surveillance, electronic gate access, and alarmed units. The facilities provide customers with peace of mind that their valuables are safe and protected.

One of Extra Space Storagees core operating principles is its commitment to sustainability. The company is committed to reducing its carbon footprint and has implemented several eco-friendly practices. These include the use of solar panels to generate renewable energy, the installation of LED light fixtures, and the implementation of green landscaping practices.

Extra Space Storage has a strong online presence, offering online storage rentals, bill payments, and account management services. The company also provides customer support through phone and email.

The company has garnered several awards and accolades for its excellent customer service, including being named one of Fortune's e100 Best Companies to Work For,e and receiving the Better Business Bureaues prestigious Torch Award for Ethics.

In addition to its storage services, Extra Space Storage is also involved in community outreach initiatives, partnering with various non-profit organizations to support charitable causes such as disaster relief, education, and healthcare.

Overall, Extra Space Storage Inc. is a reputable and reliable self-storage company that offers a vast range of storage options, excellent customer service, and a commitment to sustainability and community outreach initiatives.


   Company Address: 2795 East Cottonwood Parkway, Suite 300 Salt Lake City 84121 UT
   Company Phone Number: 365-4600   Stock Exchange / Ticker: NYSE EXR
   


   

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Extra Space Storage Inc

Extra Space Storage Inc Reports Earnings Decline as Revenue Skyrockets in Fiscal Period Ending Sep 30, 2023

Extra Space Storage Inc (EXR) recently reported its fiscal third-quarter results for 2023, and the numbers are cause for concern. While the company saw its revenue rise by an impressive 49.936% in the comparable period, its EPS plummeted by $0.96 per share, compared to the previous year. This significant drop in earnings is an alarming sign for investors.
In the Real Estate Investment Trusts (REITs) sector, most entities experienced a business rise of just 4.58% in the third quarter of 2023, relative to the comparable period a year ago. However, EXR outpaced its sector contemporaries by growing its business at a higher rate. This suggests that despite the overall industry challenges, EXR is struggling to maintain its profitability.

Extra Space Storage Inc

Extra Space Storage Inc Demonstrates Remarkable Revenue Growth, Outperforming Industry Peers in Q2 2023



Extra Space Storage Inc recently disclosed its financial results for April to June 30, 2023, revealing a tale of contrasting fortunes. Despite a dip in net profit per share compared to the same period in the previous year, the company witnessed a significant revenue boost, outperforming most of its peers in the Real Estate Investment Trusts (REITs) industry. This article aims to delve into the company's financial performance for the second quarter of 2023, highlighting interesting facts and providing insights into the stock market.
Revenue Growth Surpasses Industry Peers:
Extra Space Storage Inc showcased impressive revenue growth of 7.663% during the period in question. This upward trend outpaced the overall revenue growth of REITs companies, which stood at 6.10% from Q2 2022 to Q2 2023. This performance indicates the company's ability to capture a larger market share and generate higher revenues, solidifying its position in the industry.






 

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