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Stock impact report

Public Storage Q4 FFO Misses Estimates, Same-Store Revenues Fall Y/Y [Yahoo! Finance]

Public Storage (PSA) 
Last public storage earnings: 4/30 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
However, the figure increased marginally year over year. See the Zacks Earnings Calendar to stay ahead of market-making news. Results reflect lower same-store revenues year over year, owing to a decline in occupancy. However, a decent increase in realized annual rent per occupied square foot positively impacted the performance. The company also benefited from its expansion efforts through acquisitions, developments and extensions. Quarterly revenues of $1.18 billion matched the Zacks Consensus Estimate. Moreover, revenues increased 1.5% year over year. For 2024, Public Storage reported core FFO per share of $16.67, down 1.3% from the prior year and missed the Zacks Consensus Estimate of $16.70. Revenues of $4.70 billion increased 3.9% year over year. Public Storage Price, Consensus and EPS Surprise Public Storage Price, Consensus and EPS Surprise Public Storage price-consensus-eps-surprise-chart | Public Storage Quote PSA's Fourth Quarter in Detail Public Storage's s Show less Read more
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