Can Extra Space Storage Beat Analysts’ Q2 Estimates?
Extra Space Storage (EXR) is set to report its second-quarter results on July 31. Analysts expect its second-quarter AFFO (adjusted funds from operations) to rise 5.5% YoY (year-over-year) to $1.15 due to strong demand in the self-storage space and Extra Space’s strategic initiatives enhancing traffic and driving occupancy rates.