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Self-Storage REITs Schedule Conference Calls to Discuss 2Q 2020 Financial Results

Article-Self-Storage REITs Schedule Conference Calls to Discuss 2Q 2020 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 second quarter of 2020, which ended June 30.

CubeSmart

CubeSmart will release its second-quarter financial results after the market closes on Aug. 6. An accompanying conference call will be held at 11 a.m. ET on Aug. 7. 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/10146186.

After the live webcast, the call will remain available on the company website for 30 days. In addition, a telephonic replay will be available through Sept. 5. 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 10146186.

CubeSmart owns or manages 1,250 self-storage facilities across the United States. Its operating portfolio comprises 83.7 million square feet.

Extra Space Storage Inc.

Extra Space will release its earnings report after the market closes on Aug. 4. The REIT will host a conference call on Aug. 5, at 1 p.m. ET, to discuss its financial results. Hosting the call will be Joe Margolis, CEO, and Scott Stubbs, executive vice president and chief financial officer, who 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 playback will be accessible at 855.859.2056 in the United States or 404.537.3406 internationally, through Aug. 10 at 5 p.m. ET. The participant passcode for the live call and playback is 4349759.

The 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 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 1,852 self-storage properties nationwide and in Puerto Rico. The company’s properties comprise approximately 1.3 million units and 143 million square feet of rentable space.

Life Storage Inc.

Life Storage will issue its quarterly results after the market closes on Aug. 6. The company will conduct a conference call to review the financial results at 9 a.m. ET on Aug. 7.

The call can be accessed at 844.707.6940 within the United States or 412.317.5702 internationally. Participants can pre-register and receive a passcode and unique PIN at https://bit.ly/3fw4Y33. 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 REIT typically keeps the webcast archived for 90 days and makes a telephone replay of the call available for seven days after the meeting.

Based in Buffalo, N.Y., Life Storage operates more than 850 self-storage facilities in 29 states and Ontario, Canada. Its portfolio of owned and managed facilities comprises more than 62.9 million square feet.

National Storage Affiliates Trust (NSAT)

NSAT, a Maryland REIT, will reveal its earnings statement for the quarter that ended June 30 after the market closes on Aug. 6. The company will conduct a conference call to review the financial results at 1 p.m. ET on Aug. 7.

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 13692161.

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. The company has 780 self-storage facilities in 35 states and Puerto Rico comprising more than 49 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 Aug. 5. It’ll host a conference call on Aug. 6, at noon 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 2158058. The live webcast will be available through the investor-relations page of PublicStorage.com and accessible on demand through Aug. 20. 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 2158058.

Based in Glendale, Calif., Public Storage has interests in 2,492 self-storage facilities in 38 states, with approximately 170 million net rentable square feet. It holds a 35 percent interest in Shurgard Self Storage SA, which has 234 facilities in seven European countries, with approximately 13 million net rentable square feet.

Sources:
CubeSmart, CubeSmart Announces the Date of Its Second Quarter 2020 Earnings Release and Conference Call
Extra Space, Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 2nd Quarter 2020 Results
Life Storage, Life Storage, Inc. Announces Date and Time of 2nd Quarter Earnings Release and Conference Call
NSAT, National Storage Affiliates Trust Announces Date of Its Second Quarter 2020 Earnings Release and Conference Call
Public Storage, Public Storage to Release Second Quarter 2020 Earnings Results and Host Quarterly Conference Call