Core Insights - Public Storage (PSA) is expected to report third-quarter 2025 results on October 29, with anticipated increases in revenues and core funds from operations (FFO) per share [1][11] Financial Performance - In the last reported quarter, PSA achieved a core FFO per share of $4.28, exceeding the Zacks Consensus Estimate of $4.23, driven by top-line growth despite a decline in occupancy [2][3] - The Zacks Consensus Estimate for third-quarter revenues from self-storage facilities is $1.122 billion, up from $1.110 billion in the same period last year, while revenues from ancillary operations are projected to rise to $82.33 million from $77.64 million [5][6] Market Position and Strategy - PSA benefits from strong brand recognition and economies of scale, with a presence in major metropolitan markets, contributing to its competitive advantage in the self-storage industry [3][4] - The self-storage sector is characterized by low capital expenditure requirements and high operating margins, making it resilient during economic downturns [4] Projections and Analyst Sentiment - The consensus estimate for third-quarter core FFO per share has been slightly revised down to $4.24, indicating a year-over-year growth of 0.95% [7] - PSA currently holds a Zacks Rank of 3 and an Earnings ESP of -0.06%, suggesting uncertainty regarding a surprise in FFO per share this quarter [8][9]