Public StoragePSA
▼ NegativeCapitalrelevance
Q2 FFO of $4.17 missed consensus estimate of $4.25
Impact on stocks 2
Real Estate
Public Storage
Cousins Properties IncorporatedCUZ
Mentioned
Public Storage reported quarterly funds from operations of $4.17 per share, missing the Zacks Consensus Estimate of $4.25 per share and falling short of the year-ago FFO of $4.28 per share. The FFO surprise was negative 1.88 percent, though the company has beaten consensus FFO estimates in three of the last four quarters. Revenue for the quarter ended June 2026 came in at $1.23 billion, topping the consensus estimate by 1.59 percent and exceeding the prior-year revenue of $1.2 billion. Public Storage shares have gained about 27.4 percent year to date, outperforming the S&P 500's 8.5 percent advance. The current consensus FFO estimate stands at $4.24 on $1.24 billion in revenue for the coming quarter and $16.94 on $4.93 billion in revenue for the current fiscal year.
Public StorageQ2 FFO of $4.17 missed consensus estimate of $4.25
Cousins Properties Incorporated