Public Storage (PSA) Beats Q1 FFO and Revenue Estimates
Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.22 per share, beating the Zacks Consensus Estimate of $4.13 per share. This compares to FFO of $4.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +2.16%. A quarter ago, it was expected that this self-storage facility real estate investment trust would post FFO of $4.21 per share when it actually produced FFO of $4.26, delivering a surprise of +1.19%.O ...