Self-Storage REITs Schedule Conference Calls to Discuss 1Q 2022 Financial Results

The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have announced when and how they will reveal their earnings statements for the first quarter of 2022, which ended March 31.

CubeSmart

CubeSmart will release its first-quarter financial results after the market closes on April 28. An accompanying conference call will be held at 11 a.m. ET on April 29. A live webcast of the call will be available on the investor-relations page of cubesmart.com. The dial-in numbers are 844.200.6205 for U.S. callers, 833.950.0062 for Canadian callers and 929.526.1599 for other international callers. The access code for the call is 922969. To save time, participants can pre-register and receive a special dial-in number and PIN at https://bit.ly/37KzY0o.

After the live webcast, the recorded call will remain available on the company website for 15 days. In addition, a telephonic replay will be available through May 12. The dial-in number is 866.813.9403 for domestic callers, 226.828.7578 for Canadian callers and +44.204.525.0658 for other international callers. The conference number is 643500.

CubeSmart owns or manages 1,269 self-storage facilities across the United States. Its operating portfolio comprises about 87 million square feet.

Extra Space Storage Inc.

Extra Space will release its first-quarter 2022 earnings report after the market closes on May 3. The REIT will host a conference call on May 4, at 1 p.m. ET, to discuss its financial results. Hosting the call will be Joe Margolis, CEO, and Scott Stubbs, executive vice president and chief financial officer, who’ll 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 playback will be accessible at 855.859.2056 in the United States or 404.537.3406 internationally, through May 11 at 4:30 p.m. ET. The participant passcode for the live call and playback is 2638769.

The 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 start time to register and install any necessary software. A replay 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.

Headquartered in Salt Lake City, Extra Space owns or operates more than 2,096 self-storage properties nationwide and in Puerto Rico. The company’s properties comprise approximately 1.5 million units and 160.9 million square feet of rentable space.

Life Storage Inc.

Life Storage will also issue its first-quarter 2022 earnings after the market closes on May 4. The company will conduct a conference call to review financial results at 9 a.m. ET on May 5.

The call can be accessed at 888.506.0062 within the United States or 973.528.0011 internationally. The conference passcode is 829431. Participants can pre-register and receive a passcode and unique PIN at https://bit.ly/3KwA5Lj. 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 lifestorage.com. The webcast will be archived for 90 days. A telephone replay of the call will be available for 14 days after the meeting by calling 877.481.4010 and entering passcode 45168.

Based in Buffalo, N.Y., Life Storage operates more than 1,100 self-storage facilities in 36 states. Its portfolio of owned and managed facilities comprises more than 74 million square feet.

National Storage Affiliates Trust (NSAT)

NSAT, a Maryland REIT, will reveal its earnings statement for the quarter that ended March 31 after the market closes on May 4. The company will then conduct a conference call to review the financial results at 11 a.m. ET on May 5.

The call can be accessed at 877.407.9711 within the United States or 412.902.1014 internationally. Management will accept questions from registered financial analysts after prepared remarks. All others are encouraged to listen to the call via webcast on the investor-relations page at nationalstorageaffiliates.com.

A replay of the webcast will be archived for 30 days. A telephone replay will be available by calling 877.660.6853 in the United States or 201.612.7415 internationally. The conference ID number is 13692161.

Headquartered in Greenwood, Colo., NSAT is a self-administered, self-managed REIT focused on the acquisition, operation and ownership of self-storage properties within the top 100 U.S. Metropolitan Statistical Areas. The company has more than 1,000 self-storage facilities in 42 states and Puerto Rico comprising about 67.8 million rentable square feet. It's owned by its affiliate operators, who are contributing their interests in their self-storage assets over the next few years as their current mortgage debt matures.

Public Storage

Public Storage will release its first-quarter 2022 earnings report after the market closes on May 3. It’ll host a conference call on May 4 at noon ET, to discuss the financial results.

The dial-in numbers for the live conference call are 888.632.3382 for U.S. callers and 785.424.1250 for international callers. The conference ID is PSAQ122. The live webcast will be available through the investor-relations page of publicstorage.com and accessible on demand through May 11. For the conference-call replay, the domestic dial-in number is 800.938.1594, and the international number is 402.220.1543.

Based in Glendale, Calif., Public Storage has interests in 2,787 self-storage facilities in 39 states, with approximately 198 million net rentable square feet. It holds a 35 percent interest in Shurgard Self Storage SA, which has 253 facilities in seven European countries, with approximately 14 million net rentable square feet.

Sources:
CubeSmart, CubeSmart Announces the Date of Its First Quarter 2022 Earnings Release and Conference Call
Extra Space, Extra Space Storage Inc. Announces Date Of Earnings Release And Conference Call To Discuss 1st Quarter 2022 Results
Life Storage, Life Storage Inc. Announces Date and Time of 1st Quarter Earnings Release and Conference Call
National Storage Affiliates Trust, National Storage Affiliates Trust Announces Date of its First Quarter 2022 Earnings Release and Conference Call
Public Storage, Public Storage to Release First Quarter 2022 Earnings Results and Host Quarterly Conference Call