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    Peter Feyto

    Director and Equity Research Analyst at Scotiabank

    Peter Feyto is a Director and Equity Research Analyst at Scotiabank, specializing in the Canadian Utilities and Infrastructure sector. He covers major companies such as Fortis, Emera, Hydro One, and Algonquin Power & Utilities, delivering well-regarded investment research and sector insights. With over a decade of experience in equity research, Peter joined Scotiabank in 2017 after previous roles at other leading Canadian financial institutions. He holds recognized industry credentials, including being a Chartered Financial Analyst (CFA) charterholder, and is registered with applicable regulatory authorities, maintaining a strong reputation for analytical rigor and sector expertise.

    Peter Feyto's questions to Extra Space Storage (EXR) leadership

    Peter Feyto's questions to Extra Space Storage (EXR) leadership • Q2 2025

    Question

    Peter Feyto, on for Nicholas Yulico, asked about the rent spread between LSI and legacy EXR assets excluding the planned dispositions. He also inquired about the macro assumptions in the guidance and catalysts for performance.

    Answer

    CEO Joseph Margolis said he had not performed that specific analysis. EVP & CFO Jeff Norman confirmed the overall rent spread remains around 5-6%. Norman stated that hitting the high end of guidance would require stronger new customer rates, while the low end could result from a larger-than-normal seasonal drop in occupancy.

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