Public Storage Q4 Core FFO, Revenue Increase; Full-Year Core FFO Outlook Set

MT Newswires Live

02-25

$Public Storage(PSA-N)$ (PSA) reported Q4 core funds from operations late Monday of $4.21 per diluted share, up from $4.20 a year earlier.

Analysts polled by FactSet expected $4.24.

Revenue for the quarter ended Dec. 31 was $1.18 billion, up from $1.16 billion a year earlier.

Analysts surveyed by FactSet expected $1.18 billion.

The company said it expects a full-year 2025 core FFO between $16.35 and $17. Analysts polled by FactSet expect $17.16.

Public Storage said its board on Friday maintained a quarterly dividend of $3 per share, payable on March 28 to shareholders of record as of March 13.

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