In its upcoming report, Public Storage (PSA) is predicted by Wall Street analysts to post quarterly earnings of $4.23 per share, reflecting no change compared to the same period last year. Revenues are forecasted to be $1.19 billion, representing a year-over-year increase of 1.8%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company ...

分组1 - First Savings Financial (FSFG) reported quarterly earnings of $0.81 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, and up from $0.52 per share a year ago, representing an earnings surprise of +12.50% [1] - The company posted revenues of $21.25 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.17%, compared to year-ago revenues of $17.73 million [2] - Over the last four quarters, First Savings Financial has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] 分组2 - The stock has underperformed the market, losing about 1.9% since the beginning of the year, while the S&P 500 gained 8.1% [3] - The current consensus EPS estimate for the coming quarter is $0.80 on $21.2 million in revenues, and for the current fiscal year, it is $2.90 on $79.1 million in revenues [7] - The Zacks Industry Rank for Financial - Savings and Loan is currently in the bottom 26% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Core Insights - Public Storage (PSA) is expected to report second-quarter 2025 results on July 30, with anticipated revenue growth and stable core funds from operations (FFO) per share [1][11] Financial Performance - In the last reported quarter, PSA achieved a core FFO per share of $4.12, exceeding the Zacks Consensus Estimate of $4.06, driven by top-line growth despite a decline in occupancy [2][11] - The Zacks Consensus Estimate for second-quarter revenues from self-storage facilities is projected at $1.112 billion, reflecting an increase from $1.099 billion in the same period last year, with total quarterly revenues expected to reach $1.19 billion, indicating a 1.8% year-over-year increase [6][11] Market Dynamics - The self-storage industry is characterized by need-based demand and resilience during economic downturns, with low capital expenditure requirements and high operating margins contributing to favorable performance [5] - Despite softer demand and lower operating trends in the first quarter of 2025, management is focusing on attracting tenants by lowering rental rates and increasing promotional discounts [7][11] Strategic Factors - PSA's strong presence in major metropolitan markets, established brand, and technological upgrades are likely to support revenue growth in the second quarter [4][11] - Strategic acquisitions are expected to further enhance revenue generation during the quarter [4][11] Analyst Sentiment - The Zacks Consensus Estimate for second-quarter core FFO per share has remained unchanged at $4.23, indicating no year-over-year change [8][11] - PSA currently holds a Zacks Rank of 3 and an Earnings ESP of 0.00%, suggesting uncertainty regarding a surprise in FFO per share this quarter [10]

Company Overview - Shurgard Self Storage Ltd. (OTCPK:SSSAF) is positioned in a fragmented market with a strong balance sheet and visible growth outlook, making it an attractive investment opportunity [1] Investment Thesis - The company is expected to continue scaling over time, unlocking significant terminal value due to its competitive advantages and solid unit economics [1] - The focus on long-term free cash flow generation and shareholder value creation is central to the investment strategy [1] Analyst Background - The analysis is conducted by a self-educated investor with 10 years of experience in managing funds, emphasizing the importance of fundamental research and sectors with strong secular tailwinds [1]

Group 1 - Public Storage (PSA) and Ki Corporation have made a revised, non-binding offer to acquire Abacus Storage King at A$1.65 per stapled security, up from A$1.47 [1][8] - The consortium aims to acquire all outstanding stapled securities of Abacus not held by Ki Group, with each party set to own a 50% stake if the acquisition is completed [2] - Abacus Storage King operates around 126 properties, 21 development sites, and 75 managed or licensed locations, making it a leading self-storage operator in Australia and New Zealand [2] Group 2 - Public Storage plans to leverage its collaboration with Shurgard Self Storage Limited to enhance Abacus's customer experience, optimize operations, and accelerate portfolio expansion [3] - The self-storage market in Australia and New Zealand is characterized by strong population growth and stable economic conditions, presenting attractive opportunities for market consolidation [4] Group 3 - Public Storage has acquired 195 facilities with 14.5 million net rentable square feet for $3.1 billion from the beginning of 2023 through the first quarter of 2025, contributing a net operating income of $35.8 million in Q1 2025 [6] - The company is well-positioned to capitalize on potential opportunities due to solid access to capital [6] Group 4 - Despite the growth prospects, the industry faces challenges such as soft demand and lower occupancy rates, with expectations for a decline in the 2025 weighted average square foot occupancy to 91.8% [7] - High supply in the market is increasing competition, which affects pricing power and margins [7]

Core Viewpoint - Extra Space Storage Inc. is set to release its financial results for the three and six months ending June 30, 2025, on July 30, 2025, after market close, followed by a conference call on July 31, 2025, at 1:00 p.m. Eastern Time to discuss these results [1][2]. Company Overview - Extra Space Storage Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT) and a member of the S&P 500 [7]. - As of March 31, 2025, the company owned and/or operated 4,099 self-storage properties, comprising approximately 2.8 million units and about 315.0 million square feet of rentable storage space [7]. - The company is the largest operator of self-storage properties in the United States, offering a wide selection of conveniently located and secure storage units, including options for boat storage, RV storage, and business storage [7]. Conference Call Details - The conference call will include a review of operating performance, discussion of recent events, and a question-and-answer period limited to registered financial analysts [2]. - A live webcast of the conference call will be available on the company's investor relations page, and participants can pre-register to receive a special dial-in number and PIN [3][4]. - A replay of the conference call will be accessible on the investor relations website starting July 31, 2025, at 5:00 p.m. ET, remaining available for one year [5]. Earnings Report Availability - The full text of the earnings report and supplemental data will be available on the company's investor relations website immediately following the earnings release on July 30, 2025 [6].

Core Viewpoint - Extra Space Storage Inc. (NYSE: EXR) is recommended as a Buy for income investors interested in real estate investment trusts (REITs) due to its status as the largest self-storage REIT in the U.S. and its consistent outperformance compared to peers in total return over time [1]. Group 1 - Extra Space Storage Inc. is recognized as the largest self-storage REIT in the United States [1]. - The company consistently outperforms its peers in terms of total return, making it a favored choice among investors [1].

Group 1 - Extra Space Storage (NYSE: EXR) has experienced mixed performance over the past year amid a downturn in the self-storage business, which may be nearing an end [1] - The company has over fifteen years of experience making contrarian bets based on macro views and stock-specific turnaround stories to achieve outsized returns with a favorable risk/reward profile [1]

Core Viewpoint - Extra Space Storage Inc. held its Q1 2025 earnings conference call on April 30, 2025, where management discussed financial performance and future outlook [1]. Group 1: Company Overview - The conference call was led by Jared Conley, VP of Investor Relations, and included participation from CEO Joe Margolis and CFO Scott Stubbs [1][2]. - The company provided unaudited supplemental financial information on its website alongside the earnings call [3]. Group 2: Forward-Looking Statements - Management's remarks included forward-looking statements as defined by the Private Securities Litigation Reform Act, indicating that actual results may differ due to various risks and uncertainties [3][4]. - The company emphasized that these forward-looking statements are based on estimates as of April 30, 2025, and it does not assume any obligation to revise or update them [4].

Core Insights - Wall Street analysts expect Public Storage (PSA) to report quarterly earnings of $4.07 per share, reflecting a year-over-year increase of 1% [1] - Projected revenues for the quarter are anticipated to be $1.17 billion, which is a 1.5% increase from the previous year [1] - The consensus EPS estimate has been adjusted downward by 0.4% over the past 30 days, indicating a reassessment by analysts [1][2] Revenue Estimates - Analysts project 'Revenues- Self-storage facilities' to reach $1.09 billion, indicating a year-over-year change of +0.6% [4] - 'Revenues- Ancillary operations' are expected to be $78.36 million, reflecting a significant year-over-year increase of +10.1% [4] Key Metrics - The estimated 'Square Foot Occupancy' is projected at 91.0%, down from 91.9% in the previous year [4] - 'Rent per Occupied Square Foot' is expected to be $22.61 million, slightly up from $22.59 million reported in the same quarter last year [5] - 'Depreciation and amortization' is projected to reach $283.00 million, compared to $285.20 million in the same quarter of the previous year [5] Market Performance - Public Storage shares have shown a return of +0.6% over the past month, contrasting with the Zacks S&P 500 composite's -4.8% change [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [6]