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Public Storage (PSA): Q4 2019 Earnings Snapshot

By Staff Correspondent |
Earnings Update by AlphaStreet
Earnings Update by AlphaStreet

— Public Storage (NYSE: PSA) reported Q4 2019 earnings of $1.87 per share, vs. $2.01 expected.

— Revenues totaled $717 million, vs. $721 million expected.

— Funds from operations was $2.72 per common share.

— Revenues for the Same-Store Facilities increased 1.1%.

— Cost of operations for the Same-Store Facilities increased by 4.6%.

— PSA shares were up 0.25% in aftermarket hours on Tuesday.

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