Public Storage (PSA) Q1 FFO and Revenues Top Estimates

分组1 - Public Storage reported quarterly funds from operations (FFO) of $4.12 per share, exceeding the Zacks Consensus Estimate of $4.06 per share, and showing an increase from $4.03 per share a year ago, resulting in an FFO surprise of 1.48% [1] - The company achieved revenues of $1.18 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.01%, compared to $1.16 billion in the same quarter last year [2] - Public Storage has outperformed the market with a 2.2% loss since the beginning of the year, compared to the S&P 500's decline of 5.5% [3] 分组2 - The current consensus FFO estimate for the upcoming quarter is $4.22 on revenues of $1.19 billion, and for the current fiscal year, it is $16.79 on revenues of $4.78 billion [7] - The Zacks Industry Rank for REIT and Equity Trust - Other is in the bottom 36% of over 250 Zacks industries, indicating potential challenges for the sector [8] - Public Storage's estimate revisions trend is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting it may underperform the market in the near future [6]