Public Storage is a self-storage company in the US with over 3300 locations and 238 million rentable square feet. The company has consistently shown growth in rents and profitability and benefits from ...
Net operating income or “NOI” is a non-GAAP financial measure that excludes the impact of depreciation and amortization expense, which is based upon historical costs and assumes that building values ...
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No-moat-rated Public Storage reported fourth-quarter results that were largely in line with our expectations. The firm reported core funds from operations, or FFO, of $4.20 per share, 1.0% higher than ...
CEO Joe Russell highlighted a 2% growth in core FFO per share for Q1, driven by stabilization across the portfolio. Same-store occupancy improved, narrowing the gap to 30 basis points below the prior ...