Public Storage (PSA) Q3 FFO and Revenues Top Estimates

Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.31 per share, beating the Zacks Consensus Estimate of $4.24 per share. This compares to FFO of $4.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +1.65%. A quarter ago, it was expected that this self-storage facility real estate investment trust would post FFO of $4.23 per share when it actually produced FFO of $4.28, delivering a surprise of +1.18%.Ov ...