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Self-Storage REITs Schedule Conference Calls to Discuss 1Q 2018 Financial Results

April 19, 2018

5 Min Read
Self-Storage REITs Schedule Conference Calls to Discuss 1Q 2018 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 2018, which ended March 31.

CubeSmart

CubeSmart will release its first-quarter financial results after the market closes on April 26. An accompanying conference call will be held at 11 a.m. ET on April 27. 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/10118701.

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 May 27. 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 10118701.

CubeSmart owns or manages 987 self-storage facilities across the United States. Its operating portfolio comprises more than 60.5 million square feet.

Extra Space Storage Inc.

Extra Space will release its earnings report after the market closes on May 1. The REIT will host a conference call on May 2, at 1 p.m. ET, to discuss its financial results. Hosting the call will be CEO Joe Margolis, who will be joined by 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 conference-call playback will be accessible at 855.859.2056 in the United States or 404.537.3406 internationally. The participant passcode is 2887645.

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.

Headquartered in Salt Lake City, Extra Space owns or operates more than 1,480 self-storage properties nationwide and in Puerto Rico. The company’s properties comprise approximately 1 million units and 112 million square feet of rentable space.

Life Storage Inc.

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

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 https://bit.ly/2Hxpv9y. 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 seven days after the meeting by calling 877.481.4010 and entering conference ID 27725.

Based in Buffalo, N.Y., Life Storage operates more than 700 self-storage facilities in 28 states, under the Life Storage and Uncle Bob's Self Storage brand names. Its portfolio of owned and managed facilities comprises about 49 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 2. The company will conduct a conference call to review the financial results the same day at 1 p.m. ET.

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 from 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 13646795.

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 throughout the United States The company has 540 self-storage facilities in 29 states comprising approximately 34 million net 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 host a conference call on April 26, at 2 p.m. ET, to discuss its financial results. The REIT hasn’t announced when it will release its earnings report but typically issues it after the market closes the day before the call.

Participants can pre-register for the call at https://bit.ly/2HL8wi3. A live webcast will be available through the investor-relations page of PublicStorage.com. The webcast is usually accessible for two weeks. The company hasn’t released the dial-in numbers or IDs for the call and replays.

Based in Glendale, Calif., Public Storage has interests in 2,386 self-storage facilities in 38 states, with approximately 157 million net rentable square feet. Operating under the Shurgard brand name, the company also has 220 facilities in seven European countries, with approximately 12 million net rentable square feet.

Sources:
CubeSmart, CubeSmart Announces the Date of Its First Quarter 2018 Earnings Release and Conference Call
Extra Space, Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 1st Quarter 2018 Results
BusinessWire, Life Storage, Inc. Announces Date and Time of 1st Quarter 2018 Earnings Release and Conference Call
BusinessWire, National Storage Affiliates Trust Announces 2018 First Quarter Earnings Release and Conference Call
Public Storage, Q1 2018 Public Storage Earnings Conference Call

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