Public Storage Q3 FFO Misses Estimates, Occupancy Falls

Public Storage (PSA) reported third-quarter 2024 core funds from operations (FFO) per share of $4.20, which missed the Zacks Consensus Estimate of$4.25. Also, the figure declined 3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of Public Storage were down marginally (by 0.69%) in the after-hours trading on Wednesday following the release of its third-quarter results. Public Storage experienced lower realized annual rent per occupied square foot and a decline ...