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Form 8-K · Current Report · Filed 2024-10-30

Public Storage Reports Q3 2024 Financial Results

Public Storage announced its financial results for Q3 2024, reporting net income allocable to common shareholders of $380.7 million or $2.16 per diluted share, down from $563.2 million or $3.20 per diluted share in Q3 2023.

Filer
PSA PSA
Filed
Accession
0001393311-24-000192
CIK
0001393311
Signal
Medium impact

Details

Core FFO was $4.20 per diluted share, and the company declared a regular common quarterly dividend of $3.00 per common share payable on December 30, 2024. The company also provided an outlook for full-year 2024 Core FFO per share, expecting it to range between $16.50 and $16.85.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement Earnings Beat
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$331.26

Next session

-0.7%

Since filing

-2.1%

Latest close

$324.17

What happened, not what will happen — closing prices around the filing date.

Exhibits (1)

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