Public Storage PSA.N, PSA is expected to show a rise in quarterly revenue when it reports results on February 24 for the period ending December 31 2024
The Glendale California-based company is expected to report a 1.2% increase in revenue to $1.174 billion from $1.16 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data. (SAL represents Total Revenue/ Rental/ Property Revenue basis)
LSEG's mean analyst estimate for $Public Storage(PSA-N)$ is for earnings of $2.57 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Public Storage is $342.00, above its last closing price of $304.06.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 4.25 | 4.25 | 4.20 | Missed | -1.2 |
Jun. 30 2024 | 4.21 | 4.21 | 4.23 | Beat | 0.6 |
Mar. 31 2024 | 4.10 | 4.09 | 4.03 | Missed | -1.6 |
Dec. 31 2023 | 4.15 | 4.14 | 4.20 | Beat | 1.5 |
Sep. 30 2023 | 4.20 | 4.20 | 4.33 | Beat | 3.2 |
Jun. 30 2023 | 4.20 | 4.20 | 4.28 | Beat | 1.9 |
Mar. 31 2023 | 4.00 | 4.01 | 4.08 | Beat | 1.8 |
Dec. 31 2022 | 3.96 | 3.98 | 4.16 | Beat | 4.5 |
This summary was machine generated February 21 at 21:15 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.