Financial PerformanceContinued challenges in move-in rents appear to be weighing down its implied Q4'24 guide, setting up EXR for challenging comps entering 2025.
Investor SentimentThe FFO guide raise is below consensus expectations, which may be viewed negatively by investors.
Revenue OutlookEXR cut its same-store revenue outlook for LSI, with updated guidance implying LSI same-store revenues turn slightly negative in Q4.