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April 18, 2023

5 Min Read
Self-Storage REITs Schedule Conference Calls to Discuss 1Q 2023 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 2023, which ended March 31.

CubeSmart

CubeSmart will release its first-quarter 2023 financial results after the market closes on April 27. An accompanying conference call will be held at 11 a.m. ET on April 28. A live webcast of the call will be available on the investor-relations page of cubesmart.com. The dial-in number is 833.470.1428, with access code 740448. To save time, participants can pre-register and receive a special dial-in number and PIN at https://bit.ly/3MTKHIe.

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, with access code 708482.

CubeSmart owns or manages 1,294 self-storage facilities across the United States. Its operating portfolio comprises about 88.6 million square feet.

Extra Space Storage Inc.

Extra Space will release its 1Q 2023 earnings report after the market closes on May 2, and host a conference call at 1 p.m. ET on May 3 to discuss the 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.

A live webcast of the call will 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. Telephone participants can pre-register and receive a special dial-in number and PIN at https://bit.ly/3MKi54e.

A replay of the call will be available on the company website at 5 p.m. ET on May 3 and remain accessible for one year. The full text of the earnings report and supplemental data will also be available online immediately following the release to the wire services.

Headquartered in Salt Lake City, Extra Space owns or operates more than 2,338 self-storage properties nationwide and in Puerto Rico. The company’s properties comprise approximately 1.6 million units and 176.1 million square feet of rentable space.

Life Storage Inc.

Life Storage will issue its 1Q 2023 financial results after the market closes on May 2. The company will conduct a conference call to review the report at 9 a.m. ET on May 3.

The call can be accessed at 888.506.0062 within the United States or 973.528.0011 internationally. The conference passcode is 444471. Participants can pre-register and receive a passcode and unique PIN at https://bit.ly/3omb0g9. 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 48170.

Based in Buffalo, New York, Life Storage operates more than 1,150 self-storage facilities in 37 states and Washington, D.C. Its portfolio of owned and managed facilities comprises more than 88.3 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 1. A conference call to review the results will take place at 1 p.m. ET on May 2.

The call can be accessed at 877.407.9711 within the United States or 412.902.1014 internationally. 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.

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 1,101 self-storage facilities in 42 states and Puerto Rico comprising about 71.8 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 2023 earnings report after the market closes on May 3. It’ll host a conference call at noon ET on May 4 to discuss the financial results.

The dial-in numbers for the live conference call are 800.225.9448 for U.S. callers and 203.518.9708 for international callers. The conference ID is PSAQ123. 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 800.839.5246, and the international number is 402.220.2702.

Based in Glendale, California, Public Storage has interests in 2,869 self-storage facilities in 40 states, with approximately 204 million net rentable square feet. It holds a 35 percent interest in Shurgard Self Storage SA, which has 266 facilities in seven European countries, with approximately 15 million net rentable square feet.

Sources:
CubeSmart, CubeSmart Announces the Date of Its First Quarter 2023 Earnings Release and Conference Call
Extra Space, Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 1st Quarter 2023 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 2023 Earnings Release and Conference Call
Public Storage, Public Storage to Release First Quarter 2023 Earnings Results and Host Quarterly Conference Call

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