Q1: 2026-04-28 Earnings Summary
EPS of $1.14 beats by $0.04
| Revenue of $733.21M (4.09% Y/Y) beats by $5.50M
Extra Space Storage Inc. (EXR) Q1 2026 Earnings Call April 29, 2026 1:00 PM EDT
Company Participants
Jared Conley – Vice President of Financial Planning Analysis
Joseph Margolis – CEO & Director
Jeff Norman – Executive VP & CFO
Conference Call Participants
Michael Goldsmith – UBS Investment Bank, Research Division
Samir Khanal – BofA Securities, Research Division
Brendan Lynch – Barclays Bank PLC, Research Division
Ravi Vaidya – Mizuho Securities USA LLC, Research Division
Eric Wolfe – Citigroup Inc., Research Division
Viktor Fediv – Scotiabank Global Banking and Markets, Research Division
Juan Sanabria – BMO Capital Markets Equity Research
Michael Griffin – Evercore ISI Institutional Equities, Research Division
Ronald Kamdem – Morgan Stanley, Research Division
Todd Thomas – KeyBanc Capital Markets Inc., Research Division
Salil Mehta – Green Street Advisors, LLC, Research Division
Caitlin Burrows – Goldman Sachs Group, Inc., Research Division
Eric Luebchow – Wells Fargo Securities, LLC, Research Division
Michael Mueller – JPMorgan Chase & Co, Research Division
Presentation
Operator
Hello, everyone. Thank you for joining us, and welcome to Extra Space Storage Inc. Q1 2026 Earnings Call. [Operator Instructions]
I will now hand the conference over to Jared Conley, Vice President of Investor Relations. Please go ahead.
Jared Conley
Vice President of Financial Planning Analysis
Thanks, Karen. Welcome to Extra Space Storage’s First Quarter 2026 Earnings Call. In addition to our press release, we have furnished unaudited supplemental financial information on our website.
Please remember that management’s prepared remarks and answers to your questions may contain forward-looking statements as defined in the Private Securities Litigation Reform Act. Actual results could differ materially from those stated or implied by our forward-looking statements due to risks and uncertainties associated with the company’s business. These forward-looking statements are qualified by the cautionary statements contained in the company’s latest filings with the SEC, which we encourage our listeners to review. Forward-looking statements represent management’s estimates as of today, April











