The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have announced when and how they will reveal their earnings statements for the quarter that ended Dec. 31.

January 29, 2016

4 Min Read
Self-Storage REITs to Release 4Q 2015 Financial Results, Conference Calls Announced

The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have announced when and how they will reveal their earnings statements for the quarter that ended Dec. 31.

CubeSmart

CubeSmart will release its fourth-quarter financial results after the market closes on Feb. 18. An accompanying conference call will be held at 11 a.m. ET on Feb. 19. A live webcast of the conference call will be available from the investor-relations page of CubeSmart.com. The dial-in numbers are 877.506.3281 for U.S. callers, 412.902.6677 for international callers and 855.669.9657 for Canadian callers. To avoid delays in joining the call, participants can pre-register and receive a special dial-in number and PIN at http://dpregister.com/10078678.

After the live webcast, the call will remain available on CubeSmart.com for 30 days. In addition, a telephonic replay of the call will be available through March 20. The replay dial-in number is 877.344.7529 for domestic callers, 412.317.0088 for international callers and 855.669.9658 for Canadian callers. The conference number is 10078678.

CubeSmart owns or manages 674 self-storage facilities across the United States. Its operating portfolio comprises more than 41 million square feet.

Extra Space Storage Inc.

Extra Space will release its financial results for the quarter that ended Dec. 31 after the market closes on Feb. 23. The company will host a conference call at 1 p.m. ET on Feb. 24 to discuss the results. Hosting the call will be CEO Spencer Kirk and Scott Stubbs, executive vice president and chief financial officer.

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

The phone number for the call is 855.791.2026 for U.S. callers and 631.485.4899 for international callers. The participant passcode is 23605042. The conference-call playback, which will be available through Feb. 29, will be accessible at 855.859.2056 in the United States or 404.537.3406 internationally. The participant passcode is 23605042.

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 minutes 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.

The full text of the earnings report and supplemental data will also be available on the company website immediately following the earnings release to the wire services on Feb. 23.

Headquartered in Salt Lake City, Extra Space owns or operates 1,347 self-storage properties in 36 states; Washington, D.C.; and Puerto Rico. The company’s properties comprise approximately 885,000 units and 100 million square feet of rentable space.

Public Storage Inc.

Public Storage will release information about its fourth-quarter 2015 earnings on Feb. 16. A conference call is scheduled for Feb. 17 at 2 p.m. ET to discuss the results.

The dial-in numbers for the live conference call are 866.406.5408 for U.S. callers and 973.582.2770 for international callers. The conference ID is 19273906. The live webcast will be available through the investor-relations page of PublicStorage.com and accessible on demand through March 4. For the conference-call replay, the domestic dial-in number is 800.585.8367, the international number is 404.537.3406, and the conference ID number is 19273906.

Based in Glendale, Calif., Public Storage has interests in 2,266 self-storage facilities in 38 states, with approximately 147 million net rentable square feet. Operating under the Shurgard brand name, the company also has 216 facilities in seven European countries, with approximately 11 million net rentable square feet.

Sovran Self Storage Inc.

Sovran will issue its quarterly results after the market closes on Feb. 17. The company will conduct a conference call to review the financial results on Feb. 18 at 9 a.m. ET.

The call can be accessed at 877.737.7051 within the United States or 201.689.8878 internationally. Participants can pre-register and receive a passcode and unique PIN at http://bit.ly/1JMmTkU. Management will accept questions from registered financial analysts after prepared remarks. All others are encouraged to listen to the call via webcast from the investor-relations page 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 conference ID 13628177.

Based in Buffalo, N.Y., Sovran operates more than 500 self-storage facilities in 26 states, under the Uncle Bob's Self Storage brand name. Its portfolio of owned and managed facilities comprises more than 36 million square feet.

Sources:

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