Public Storage PT receives Investment Bank Analyst Rating Update
Public Storage (NYSE:PSA) reported Q2 EPS of $3.42, $0.90 better than the analyst estimate of $2.52. Revenue for the quarter came in at $788.94 billion versus the consensus...
Investing.com - Public Storage (NYSE:PSA) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Public Storage...
After the hot Consumer Price Index release on June 10, analysts are expecting the Federal Reserve to keep raising rates. For consumers and businesses, the huge jump in food and...
Fears of a possible US recession have been growing among Wall Street’s analysts, helping push the S&P 500 index to the verge of an official bear market. As investors...
Public Storage is a real estate investment trust (REIT). The Company's principal business activities include the ownership and operation of self-storage facilities and other related operations, including tenant reinsurance and third-party self-storage management. The Company's segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes the combined operations of its tenant loss reinsurance, merchandise sales, and third-party property management operating segments. It holds interests in and consolidated approximately 2,787 self-storage facilities (an aggregate of about 198 million net rentable square feet of space). Its subsidiaries include PS LPT Properties Investors and PS California Holdings, Inc.