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Extra Space Storage (EXR) Tops Q3 FFO Estimates

Extra Space Storage (EXR) came out with quarterly funds from operations (FFO) of 2.08pershare,beatingtheZacksConsensusEstimateof2.08 per share, beating the Zacks Consensus Estimate of 2.06 per share. This compares to FFO of 2.07pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+0.972.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +0.97%. A quarter ago, it was expected that this self-storage facility real estate investment trust would post FFO of 2.06 per share when it actually produced FFO of $2.05, delivering a surprise of -0. ...