We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Public Storage | NYSE:PSA | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.83 | 0.69% | 265.76 | 269.79 | 264.63 | 267.93 | 662,241 | 01:00:00 |
From May 2022 to May 2024
By Kathryn Hardison
Public Storage reported a decline in fourth-quarter profit despite logging higher revenue.
The real estate investment trust focused on self-storage facilities reported net income allocable to Public Storage shareholders of $412.4 million, compared with $619.7 million the year prior. Per-share earnings were $2.06, down from $3.17.
Public Storage said the decline in income was primarily due to a $177.2 million hit from foreign exchange impacts and due to the sale of its equity investment in PS Business Parks Inc.
Revenue was $818.9 million, up from $724.5 million. Analysts expected $1.08 billion.
During the quarter, the company said it acquired 30 self-storage facilities with 1.6 million net rentable square feet for $228.6 million.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
February 21, 2023 16:34 ET (21:34 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Public Storage Chart |
1 Month Public Storage Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
