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0 0 0.0120543651869933 0.0120543651869933 0.0120543651869933 0.00442997920622014 0.00527378476930959 0.00644908537504157
Stock impact report

Public Storage Reports Results for the Three and Nine Months Ended September 30, 2024

Public Storage (PSA) 
Last public storage earnings: 4/30 04:00 pm Check Earnings Report
Company Research Source: Business Wire
GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three and nine months ended September 30, 2024.“Performance is stabilizing across our portfolio,” said Joe Russell, President and Chief Executive Officer. “With formidable competitive advantages and our distinctive operating model transformation ahead of schedule, we are very well-positioned for growth in an environment of improving fundamentals and increasing transaction market activity.”Highlights for the Three Months Ended September 30, 2024Reported net income allocable to common shareholders of $2.16 per diluted share.Reported core FFO allocable to common shareholders (“Core FFO”) of $4.20 per diluted share.Achieved 78.4% Same Store (as defined below) direct net operating income margin.Acquired three self-storage facilities with 0.2 million net rentable square feet for $24.3 million. Subsequent to September 30, 2024, we acquired or were under contract to acquire 14 self-stora Show less Read more
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