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Extra Space Storage Inc. shares surge 147% after strong earnings beat and analyst buy signal.
Extra Space Storage Inc. (NYSE:EXR) saw its shares rise by 147% in the first quarter, with a strong buy signal from Janney Montgomery Scott LLC, which increased its holdings by 3.8%.
Despite Canandaigua National Bank & Trust Co. reducing its stake by 18.2%, the company reported strong earnings, beating estimates with $2.00 EPS and $820 million in revenue.
Analysts predict 8.1 EPS for the year.
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Las acciones de Extra Space Storage Inc. suben un 147% después de las fuertes ganancias y la señal de compra de los analistas.