Public storage reports Quarterly quarterly results and offers optimistic orientations 2025

Washington (DPA-AFX) -Public Storage (PSA), a real estate company specialized in self-deposition operations in the United States, offered higher results from the fourth quarter for the year ended in 2024.

The PSA increased with total revenues of about $ 1.18 billion, a modest increase from $ 1.16 billion year by year. The net income of the company allocable to common shareholders increased to $ 564 million from $ 390 million, stimulating the basic EPS from $ 2.22 to $ 3.22.

For the whole year, revenues increased to $ 4.70 billion, compared to $ 4.52 billion in 2023, while the net income allocated to common shareholders has slightly dropped to $ 1.87 billion from $ 1.95 billion.

Regarding the future, public storage offered optimistic orientations 2025 based on its portfolio of 2,565 facilities of the same store and 508 non-SAMA stores, reflecting a strong basic FFO and a continuous market leadership.

The PSA closed the transactions from Monday to $ 16.63 increasing by 0.18 percent or $ 0.03 on the New York Stock Exchange.