Five self-storage real estate investment trusts (REIT), including the four U.S.-based entities and U.K.-based Big Yellow Group PLC, have announced when and how they will reveal their earnings statements for the fiscal quarter that ended on March 31.

April 20, 2012

4 Min Read
Self-Storage REITs to Release Quarterly Financial Results

Five self-storage real estate investment trusts (REIT), including the four U.S.-based entities and U.K.-based Big Yellow Group PLC, have announced when and how they will reveal their earnings statements for the fiscal quarter that ended on March 31.

Big Yellow Self Storage

Big Yellow will release its statement May 22. This is a year-end statement, as the company's fiscal year runs April 1 to March 31, so figures for the entire year as well as the quarter will be available. The source did not reveal the delivery method. The company has 53 wholly owned and 65 total facilities in the United Kingdom, with most concentrated in Greater London.

CubeSmart

CubeSmart will release its quarterly financial results on May 3. An accompanying conference call will be held at 11 a.m. ET on May 4. A live webcast of the conference call will be available online from the investor relations page of CubeSmart.com. The dial-in numbers are 877.317.6789 for U.S. callers and 412.317.6789 for international callers.

After the live webcast, the call will remain available on CubeSmart's website for 30 days. In addition, a telephonic replay of the call will be available until June 4. The replay dial-in number is 877.344.7529 for domestic callers and 412.317.0088 for international callers. The reservation number for both is 10011887.

CubeSmart owns or manages 479 self-storage facilities across the United States and operates the CubeSmart Network, which consists of approximately 825 additional self-storage facilities.

Extra Space Storage Inc.

Extra Space will release its quarterly-earnings results on April 30 after the market closes. The company will host a conference call at 2 p.m. ET on May 1 to discuss the results. Hosting the call will be CEO and Chairman Spencer Kirk. Joining him will be Scott Stubbs, executive vice president and chief financial officer, and Karl Haas, executive vice president and chief operations officer.

During the call, company officers will review first-quarter performance, discuss recent events and conduct a question-and-answer period, which will be limited to registered financial analysts. All other participants will have listen-only capability.

The phone number for the call is 866.314.9013 for U.S. callers and 617.213.8053 for international callers. The conference ID is 75181361. The conference call playback, which will be available through June 1, will be accessible at 888.286.8010 in the United States or 617.801.6888 internationally. The conference ID is 68111867.

The conference call will also be available on the investor relations page of ExtraSpace.com. Those who wish to listen online  should visit the website at least 15 before the event start time to register and install any necessary audio software. A replay of the call will be available online for 30 days.

Headquartered in Salt Lake City, Extra Space owns or operates 882 self-storage properties in 34 states and Washington, D.C. The company's properties comprise approximately 585,000 units and approximately 64 million square feet of rentable space.

Public Storage Inc.

Public Storage will release its quarterly-earnings results on May 3. A conference call is scheduled for May 4 at 1 p.m. ET to discuss the results.

For the live conference call, the domestic dial-in number is 866.406.5408. The international dial-in number is 973.582.2770. The conference ID number is 70705313. The live webcast will be available through the investor relations page of PublicStorage.com, and will be accessible on-demand until May 11. For the conference-call replay, the domestic dial-in number is 800.585.8367, the international dial-in number is 404.537.3406 and the conference ID number is 70705313.

Based in Glendale, Calif., Public Storage has interests in more than 2,056 self-storage facilities in at least 38 U.S. states with approximately 131 million net rentable square feet. Operating under the Shurgard brand name, the company also has 189 facilities in seven European countries, with approximately 10 million net rentable square feet.

Sovran Self Storage Inc.

Sovran will issue its quarterly results after the market closes on May 2. The company will conduct a conference call to review financial results and discuss operations on May 3 at 9 a.m. ET.

The call can be accessed at 877.407.8033 within the United States or 201.689.8033 internationally. Management will accept questions from registered financial analysts after prepared remarks. All others are encouraged to listen to the call via webcast at UncleBobs.com. The webcast will be archived for 90 days. A telephone replay will be available for 72 hours after the meeting by calling 877.660.6853 and entering pass codes 286 and 392038.

Sovran, which operates facilities under the brand Uncle Bob's Self Storage, has more than 430  facilities in 25 states, with a large presence in Texas.

Sources:

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like