Extra Space Storage Inc (EXR) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.696 Good afternoon, ladies and gentlemen, and welcome to the Extra Space Storage Inc. 00:00:04.696 -- 00:00:10.422 Q3 2025 earnings conference call. At this time, all lines are in listen-only 00:00:10.422 -- 00:00:15.187 mode. Following the presentation, we will conduct a question and answer session. 00:00:15.187 -- 00:00:20.293 If at any time during this call you require immediate assistance, please press star zero 00:00:20.293 -- 00:00:25.837 for the operator. This call is being recorded on October 30, 2025. 00:00:25.999 -- 00:00:28.521 And I would now like to turn the conference over To Mr. 00:00:28.521 -- 00:00:32.604 Jared Conley, thank you. Please go ahead. 00:00:32.927 -- 00:00:38.274 Thank you, and welcome to Extra Space Storage's third quarter 2025 earnings call. 00:00:38.274 -- 00:00:41.999 In addition to our press release, we have furnished unaudited supplemental financial 00:00:41.999 -- 00:00:46.846 information on our website. Please remember that management's prepared remarks and answers 00:00:46.846 -- 00:00:51.172 to your questions may contain forward-looking statements as defined in the Private Securities 00:00:51.172 -- 00:00:56.507 Litigation Reform Act. Actual results could differ materially from those stated 00:00:56.507 -- 00:01:00.894 or implied by our forward-looking statements due to risks and uncertainties associated 00:01:00.894 -- 00:01:03.037 with the company's business. 00:01:03.037 -- 00:01:06.763 These forward-looking statements are qualified by the cautionary statements contained 00:01:06.763 -- 00:01:12.431 in the company's latest filings with the SEC, which we encourage our listeners to review. 00:01:12.431 -- 00:01:17.359 Forward-looking statements represent management's estimates as of today, Octobe...