Public Storage (PSA) Misses Q3 FFO Estimates

Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.20 per share, missing the Zacks Consensus Estimate of $4.25 per share. This compares to FFO of $4.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.18%. A quarter ago, it was expected that this self-storage facility real estate investment trust would post FFO of $4.20 per share when it actually produced FFO of $4.23, delivering a surprise of 0.71%.Ov ...