Public Storage (PSA) Reports Q3 FFO of $3.42

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Public Storage Reports Results for the Three and Nine Months Ended September 30, 2021

November 1, 2021 4:07 PM EDT

GLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) announced today operating results for the three and nine months ended September 30, 2021.

Highlights for the Three Months Ended September 30, 2021

Reported net income allocable to common shareholders of $2.52 per diluted share.
Reported core FFO allocable to common shareholders (Core FFO) of $3.42 per diluted share, an increase of 30.0% relative to the same period in 2020.
Increased Same Store (as defined below) direct net operating income by 20.8%, resulting from a 14.0% increase in Same Store... More