Public Storage (PSA) Tops Q1 EPS by 44c

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Go back to Public Storage (PSA) Tops Q1 EPS by 44c

Public Storage Reports Results for the Three Months Ended March 31, 2021

April 28, 2021 4:00 PM EDT

GLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) announced today operating results for the three months ended March 31, 2021.

Highlights for the Three Months Ended March 31, 2021

Reported net income allocable to common shareholders of $2.21 per diluted share. Reported core FFO allocable to common shareholders (Core FFO) of $2.82 per diluted share, an increase of 9.3% relative to the same period in 2020. Increased same store direct net operating income by 6.5%, resulting from a 3.4% increase in same store revenues and a 5.7%... More