The earnings call presented a mix of achievements and challenges. The highlights include sector-leading revenue growth and strategic acquisitions, while lowlights focus on unexpected costs and market challenges. Overall, the positive developments and strategic steps taken by SmartStop position the company well for future growth.

Company Guidance

During the SmartStop Self Storage's third quarter earnings call, the company highlighted several key performance metrics and strategic initiatives. The company reported sector-leading same-store revenue growth of 2.5% and an average occupancy rate of 92.6%, both aligning with expectations. However, the Adjusted Funds from Operations (FFO) per share came in at $0.47, slightly below projections due to an unexpected tenant vacate and a one-time compensation expense. SmartStop maintained its full-year FFO guidance midpoint and announced raising CAD 200 million in the Canadian Maple bond market with a 3.89% coupon. The company acquired approximately $86 million in storage properties and increased its loans to managed REITs by $20 million in the quarter, deploying a total of $106 million of capital. Additionally, the acquisition of Argus Management doubled SmartStop's store count, enhancing its data sets and market clustering, and paving the way for expansion into the Canadian third-party management market. The call also noted SmartStop's inclusion in the MSCI U.S. REIT Index and discussed the broader strategic vision for growth amid a recovering self-storage market.

Sector-leading Same-store Revenue Growth

The company posted a strong third quarter with sector-leading same-store revenue growth of 2.5% and average occupancy of 92.6%, both largely in line with expectations.

Successful Entry into Canadian Maple Bond Market

SmartStop returned to the Canadian Maple bond market, raising CAD 200 million at a 3.89% coupon with a 5-year maturity.

Acquisition of Argus Professional Storage Management

SmartStop completed the acquisition of Argus, doubling the store count to over 460 self-storage properties in North America and increasing overall owned and managed net rental square feet to over 35 million.

Inclusion in MSCI U.S. REIT Index

SmartStop was included as a member of the MSCI U.S. REIT Index, known as the RMZ.

Record Lead Conversion and Tenant Protection Hit Rate

The company posted the highest ever lead conversion statistics and highest hit rate on tenant protection in its history.

SmartStop Self Storage REIT, Inc. (SMA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SMA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 31, 2026	2025 (Q4)	0.11 / -	-0.15	―	―	―
Nov 05, 2025	2025 (Q3)	0.08 / 0.09	-0.123	173.17% (+0.21)	―
Aug 06, 2025	2025 (Q2)	-0.01 / -0.16	-0.076	-110.53% (-0.08)	―
May 07, 2025	2025 (Q1)	-0.31 / -0.35	-0.093	-276.34% (-0.26)	―
Mar 12, 2025	2024 (Q4)	- / -0.15	-0.012	-1150.00% (-0.14)	―	―
Nov 13, 2024	2024 (Q3)	- / -0.12	-0.008	-1437.50% (-0.11)	―	―
Aug 13, 2024	2024 (Q2)	- / -0.08	0.003	-2633.33% (-0.08)	―	―
May 14, 2024	2024 (Q1)	- / -0.09	-1389957	100.00% (+1389956.91)	―	―
Mar 18, 2024	2023 (Q4)	- / -0.01	-0.014	14.29% (<+0.01)	―	―
Nov 14, 2023	2023 (Q3)	- / >-0.01	-0.014	42.86% (<+0.01)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SMA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$34.49	$34.13	-1.04%
Aug 06, 2025	$34.53	$34.24	-0.84%
May 07, 2025	$33.97	$35.18	+3.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does SmartStop Self Storage REIT, Inc. (SMA) report earnings?

SmartStop Self Storage REIT, Inc. (SMA) is schdueled to report earning on Mar 31, 2026, During Market Hours (Confirmed).

What is SmartStop Self Storage REIT, Inc. (SMA) earnings time?

SmartStop Self Storage REIT, Inc. (SMA) earnings time is at Mar 31, 2026, During Market Hours (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SMA EPS forecast?

SMA EPS forecast for the fiscal quarter 2025 (Q4) is 0.11.

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