30.04.2024 22:30:33 - dpa-AFX: Public Storage Q1 Profit Down, But FFO Rises

WASHINGTON (dpa-AFX) - Public Storage (PSA) Tuesday reported first-quarter
net income of $459.2 million or $2.60 per share, compared to $467.6 million or
$2.65 per share last year.

Funds from operations for the quarter was $748.5 million or $4.24 per share as
compared to $694.4 million or $3.94 for the same period in 2023.

Core FFO per share for the quarter was $4.03, down from $4.08 per share last
year.

Revenues for the quarter rose to $913.1 million from $912.5 million last year.

Analysts polled by Thomson Reuters expected earnings of $2.47 per share on
revenues of $1.15 billion for the quarter.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Public Storage 867609 NYSE 270,770 28.05.24 21:08:58 -1,620 -0,59% 270,760 270,970 274,390 272,390

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