Public Storage (PSA) Tops Q4 EPS by 97c

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Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2021

February 22, 2022 4:05 PM EST

GLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) announced today operating results for the fourth quarter and year ended December 31, 2021.

Public Storage achieved significant portfolio growth, industry-leading transformation of the customer experience, and record financial results in 2021, said Joe Russell, President and Chief Executive Officer. Our momentum continues with customers enjoying end-to-end digital experience options, high-growth properties in our non-same store pool comprising 25% of the portfolio, and broad opportunity for continued growth across our acquisition, development, redevelopment, and third-party management platforms. We are well-positioned for continued strength in 2022 and... More