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Self-Storage REITs Schedule Conference Calls to Discuss 4Q 2018 Financial Results

Article-Self-Storage REITs Schedule Conference Calls to Discuss 4Q 2018 Financial Results

The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have announced when and how they will reveal their earnings statements for the fourth quarter of 2018, which ended Dec. 31.

CubeSmart

CubeSmart will release its fourth-quarter financial results after the market closes on Feb. 21. An accompanying conference call will be held at 11 a.m. ET on Feb. 22. A live webcast of the conference call will be available from the investor-relations page of CubeSmart.com. The dial-in numbers are 877.506.3281 for U.S. callers, 855.669.9657 for Canadian callers and 412.902.6677 for other international callers. To avoid delays in joining the call, participants can pre-register and receive a special dial-in number and PIN at http://dpregister.com/10127558.

After the live webcast, the call will remain available on the company website for 30 days. In addition, a telephonic replay of the call will be available through March 22. The replay dial-in number is 877.344.7529 for domestic callers, 855.669.9658 for Canadian callers and 412.317.0088 for other international callers. The conference number is 10127558.

CubeSmart owns or manages 1,077 self-storage facilities across the United States. Its operating portfolio comprises more than 69.5 million square feet.

Extra Space Storage Inc.

Extra Space will release its earnings report after the market closes on Feb. 20. The REIT will host a conference call on Feb. 21, at 1 p.m. ET, to discuss its financial results. Hosting the call will be CEO Joe Margolis and Scott Stubbs, executive vice president and chief financial officer.

During the call, company officers will review performance, discuss recent events, and conduct a question-and-answer period for registered financial analysts. All other participants will have listen-only capability.

The phone number for the call is 855.791.2026 for U.S. callers and 631.485.4899 for international callers. The conference-call playback will be accessible at 855.859.2056 in the United States or 404.537.3406 internationally. It will be available until Feb. 26 at 4 p.m. E.T. The participant passcode for the live call and playback is 7881278.

The conference call will also be available on the investor-relations page of ExtraSpace.com. Those who wish to listen online should visit the website at least 15 minutes before the event start time to register and install any necessary audio software. A replay of the call will be available online for 30 days.

The full text of the earnings report and supplemental data will also be available on the company website immediately following the earnings release to the wire services.

Headquartered in Salt Lake City, Extra Space owns or operates more than 1,647 self-storage properties nationwide and in Puerto Rico. The company’s properties comprise approximately 1.2 million units and 125.7 million square feet of rentable space.

Life Storage Inc.

Life Storage will issue its quarterly results after the market closes on Feb. 25. The company will conduct a conference call to review the financial results on at 9 a.m. ET on Feb. 26.

The call can be accessed at 877.737.7051 within the United States or 201.689.8878 internationally. Participants can pre-register and receive a passcode and unique PIN at https://bit.ly/2CU0FfV. Management will accept questions from registered financial analysts after prepared remarks. All others are encouraged to listen to the call via webcast from the investor-relations page at LifeStorage.com.

The webcast will be archived for 90 days. A telephone replay will be available for seven days after the meeting by calling 877.481.4010 in the United States or 919.882.2331 internationally and entering conference ID 42397.

Based in Buffalo, N.Y., Life Storage operates more than 750 self-storage facilities in 28 states and Ontario, Canada. Its portfolio of owned and managed facilities comprises more than 49 million square feet.

National Storage Affiliates Trust (NSAT)

NSAT, a Maryland REIT, will reveal its earnings statement for the quarter that ended Dec. 31 after the market closes on Feb. 24. The company will conduct a conference call to review the financial results at 1 p.m. ET on Feb. 25.

The call can be accessed at 877.407.9711 within the United States or 412.902.1014 internationally. Management will accept questions from registered financial analysts after prepared remarks. All others are encouraged to listen to the call via webcast from the investor-relations page at NationalStorageAffiliates.com. A replay of the webcast will be archived for 30 days.

A telephone replay will be available by calling 877.660.6853 in the United States or 201.612.7415 internationally. The conference ID number is 13686870.

Headquartered in Greenwood, Colo., NSAT is a self-administered, self-managed REIT focused on the acquisition, operation and ownership of self-storage properties within the top 100 U.S. metropolitan statistical areas throughout the United States The company has 696 self-storage facilities in 34 states and Puerto Rico comprising approximately 44 million net rentable square feet. It's owned by its affiliate operators, who are contributing their interests in their self-storage assets over the next few years as their current mortgage debt matures.

Public Storage

Public Storage will release its earnings report on Feb. 26. It will host a conference call on Feb. 27, at 1 p.m. ET, to discuss the financial results.

The dial-in numbers for the live conference call are 866.406.5408 for U.S. callers and 973.582.2770 for international callers. The conference ID is 3294554. The live webcast will be available through the investor-relations page of PublicStorage.com and accessible on demand through March 13. For the conference-call replay, the domestic dial-in number is 800.585.8367, the international number is 404.537.3406, and the conference ID number is 3294554.

Based in Glendale, Calif., Public Storage has interests in 2,418 self-storage facilities in 38 states, with approximately 161 million net rentable square feet. Operating under the Shurgard brand name, the company also has 228 facilities in seven European countries, with approximately 12 million net rentable square feet.

Sources:
CubeSmart, CubeSmart Announces the Date of Its Fourth Quarter 2018 Earnings Release and Conference Call
Extra Space, Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 4th Quarter and Year-End 2018 Results
Life Storage, Life Storage, Inc. Announces Date and Time of 4th Quarter and Full Year 2018 Earnings Release and Conference Call
National Storage Affiliates Trust, National Storage Affiliates Trust Announces Date of Its Fourth Quarter 2018 Earnings Release and Conference Call
Public Storage, Public Storage to Release Fourth Quarter 2018 Earnings Results and Host Quarterly Conference Call