For the quarter ended December 2025, Extra Space Storage (EXR) reported revenue of $857.47 million, up 4.3% over the same period last year. EPS came in at $2.08, compared to $1.24 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $851.03 million, representing a surprise of +0.76%. The company delivered an EPS surprise of +2.29%, with the consensus EPS estimate being $2.03.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Extra Space Storage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same-store square foot occupancy: 92.6% versus 93.1% estimated by two analysts on average.
- Revenues- Property rental: $734.23 million compared to the $731.87 million average estimate based on four analysts. The reported number represents a change of +3.8% year over year.
- Revenues- Management fees and other income: $33.99 million compared to the $32.09 million average estimate based on four analysts. The reported number represents a change of +9.8% year over year.
- Revenues- Tenant reinsurance: $89.25 million compared to the $88.44 million average estimate based on four analysts. The reported number represents a change of +6.6% year over year.
- Same-store rental revenues: $664.23 million versus $665.27 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +59.7% change.
- Net income (loss) per common share - Diluted: $1.36 versus the three-analyst average estimate of $1.13.
- Equity in earnings and dividend income from unconsolidated real estate entities: $16.93 million compared to the $16.79 million average estimate based on three analysts.
- Net operating income- Same store properties: $475.9 million versus $473.41 million estimated by two analysts on average.
View all Key Company Metrics for Extra Space Storage here>>>
Shares of Extra Space Storage have returned -0.2% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Extra Space Storage Inc (EXR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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