PSA - Public Storage FFO beats by $0.21 beats on revenue

Public Storage (NYSE:PSA): Q2 FFO of $3.15 beats by $0.21. Revenue of $829.32M (+16.3% Y/Y) beats by $24.28M. Increased Same Store direct net operating income by 20.8%, resulting from a 10.8% increase in Same Store revenues and a 15.9% decrease in Same Store direct cost of operations. Achieved 79.4% Same Store direct net operating income margin, an increase of 4.9% relative to the year ended December 31, 2020. Press Release

For further details see:

Public Storage FFO beats by $0.21, beats on revenue