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Self-Storage REITS Announce Conference Calls to Discuss 3Q 2016 Financial Results

The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc. and Public Storage Inc.—have announced when and how they will reveal their earnings statements for the quarter that ended Sept. 30.

October 11, 2016

4 Min Read
Self-Storage REITS Announce Conference Calls to Discuss 3Q 2016 Financial Results

The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc. and Public Storage Inc.—have announced when and how they will reveal their earnings statements for the quarter that ended Sept. 30.

CubeSmart

CubeSmart will release its third-quarter financial results after the market closes on Oct. 27. An accompanying conference call will be held at 11 a.m. ET on Oct. 28. 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, 855.669.9657 for Canadian callers and 412.902.6677 for other international 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/10093462.

After the live webcast, the call will remain available on the company website for 30 days. In addition, a telephonic replay of the call will be available through Nov. 28. The replay dial-in number is 877.344.7529 for domestic callers, 855.669.9658 for Canadian callers and 412.317.0088 for other international callers. The conference number is 10093462.

CubeSmart owns or manages 766 self-storage facilities across the United States. Its operating portfolio comprises more than 49 million square feet.

Extra Space Storage Inc.

Extra Space will release its financial results for the quarter that ended Sept. 30 after the market closes on Oct. 26. The company will host a conference call at 1 p.m. ET on Oct. 27 to discuss the results. Hosting the call will be Spencer Kirk, CEO; Joe Margolis, executive vice president and chief investment officer; 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 90584177. The conference-call playback, which will be available through Nov. 1, will be accessible at 855.859.2056 in the United States or 404.537.3406 internationally. The participant passcode is 90584177.

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 Oct. 26.

Headquartered in Salt Lake City, Extra Space owns or operates 1,412 self-storage properties in 37 states; Washington, D.C.; and Puerto Rico. The company’s properties comprise approximately 945,000 units and 106 million square feet of rentable space.

Life Storage Inc.

Life Storage, formerly Sovran Self Storage Inc., will issue its quarterly results after the market closes on Nov. 2. The company will conduct a conference call to review the financial results on Nov. 3 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/2e3q0ez. 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 will be available for 30 days after the meeting by calling 877.660.6853 and entering conference ID 13646921.

Based in Buffalo, N.Y., Sovran operates more than 650 self-storage facilities in 29 states, under the Life Storage and Uncle Bob's Self Storage brand names. Its portfolio of owned and managed facilities comprises about 45 million square feet.

Public Storage Inc.

Public Storage will release information about its third-quarter 2016 earnings on Oct. 26. A conference call is scheduled for Oct. 27 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 92505093. The live webcast will be available through the investor-relations page of PublicStorage.com and accessible on demand through Nov. 11. 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 92505093.

Based in Glendale, Calif., Public Storage has interests in 2,310 self-storage facilities in 38 states, with approximately 151 million net rentable square feet. Operating under the Shurgard brand name, the company also has 218 facilities in seven European countries, with approximately 12 million net rentable square feet.

Sources:

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