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AI brief of an SEC Form 8-K · Extra Space Storage (EXR)

Extra Space Storage Q1 Core FFO rises 2.0% to $2.00 per share; guidance held

Positive Impact 3 of 5 earnings Written later

Extra Space Storage reported first-quarter 2025 results, with net income of $1.28 per diluted share, up 26.7%, and Core FFO of $2.00 per diluted share, up 2.0%. The company kept its full-year 2025 Core FFO guidance at $8.00 to $8.30 per share, but same-store net operating income fell 1.2%.

Key points

  • Net income attributable to common stockholders was $1.28 per diluted share, up 26.7% from the prior year period
  • Core FFO was $2.00 per diluted share, up 2.0%; same-store revenue rose 0.3% while same-store NOI fell 1.2%
  • 2025 Core FFO guidance remained $8.00 to $8.30 per share, unchanged from February 25, 2025
  • Same-store occupancy was 93.4% at March 31, 2025, up from 92.4% a year earlier

The filing

CompanyExtra Space Storage (EXR)
Form8-K, current report
Filed with the SECApr 29, 2025, 4:38 PM ET
Accession number0001628280-25-020731

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.