Extra Space Storage press release ( EXR ): Q1 FFO of $2.04 beats by $0.03 . Revenue of $856.03M (+4.5% Y/Y) beats by $128.31M . The following table outlines the Company's Core FFO estimates and assumptions for the year ending December 31, 2026. Ranges for 2026 Annual Assumptions Ranges for 2026 Annual Assumptions Notes (April 28, 2026) (February 19, 2026) Low High Low High Core FFO $8.05 $8.35 vs ...
Extra Space Storage press release ( EXR ): Q1 FFO of $2.04 beats by $0.03 . Revenue of $856.03M (+4.5% Y/Y) beats by $128.31M . The following table outlines the Company's Core FFO estimates and assumptions for the year ending December 31, 2026. Ranges for 2026 Annual Assumptions Ranges for 2026 Annual Assumptions Notes (April 28, 2026) (February 19, 2026) Low High Low High Core FFO $8.05 $8.35 vs consensus of $8.25 $8.05 $8.35 Dilution per share from C of Oand value add acquisitions $0.18 $0.18 $0.18 $0.18 Same-store revenue growth (0.50) % 1.50 % (0.50) % 1.50 % Same-store pool of 1,870 stores Same-store expense growth 2.00 % 3.50 % 2.00 % 3.50 % Same-store pool of 1,870 stores Same-store NOI growth (2.25) % 1.25 % (2.25) % 1.25 % Same-store pool of 1,870 stores Weighted average one-monthSOFR 3.65 % 3.65 % 3.46 % 3.46 % Net tenant reinsurance income $289,000,000 $292,000,000 $289,000,000 $292,000,000 Management fees and otherincome $140,000,000 $141,500,000 $138,000,000 $139,500,000 Interest income $149,500,000 $151,000,000 $149,500,000 $151,000,000 Includes interest from bridgeloans and dividends fromNexPoint preferred investment General and administrativeexpenses $190,500,000 $192,500,000 $190,500,000 $192,500,000 Includes non-cashcompensation Equity in earnings of realestate ventures $63,500,000 $64,500,000 $63,500,000 $64,500,000 Includes dividends fromSmartStop preferredinvestments Interest expense $592,000,000 $597,000,000 $590,000,000 $595,000,000 Excludes non-cash interestexpense shown below Non-cash interest expenserelated to amortization ofdiscount on unsecured seniornotes, net $42,000,000 $43,000,000 $42,000,000 $43,000,000 Amortization of debt mark-to-market; excluded from CoreFFO Income Tax Expense $47,000,000 $48,000,000 $47,000,000 $48,000,000 Taxes associated with theCompany's taxable REITsubsidiary Acquisitions $200,000,000 $200,000,000 $200,000,000 $200,000,000 Includes wholly-ownedacquisitions and the Company'sinvestment in joint ventures Bridge ...