Reports Q1 revenue $799.54M, consensus $703.92M. Joe Margolis, CEO of Extra Space Storage Inc., commented: “We achieved positive year-over-year occupancy growth in the Extra Space and Life Storage same-store pools. We have also continued to realize G&A savings and to expand our bridge lending and third party management programs. Rental activity has been strong year to date and vacates remain muted, which positions us well to maximize revenue during the 2024 leasing season.”
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