PSA News and Press, Public Storage From 11/01/22

Public Storage press release ( NYSE: PSA ): Q3 FFO of $4.13 beats by $0.09 . Revenue of $822.53M (+14.7% Y/Y) misses by $247.47M . Increased Same Store direct net operating income by 16.5%, resulting from a 14.7% increase in Same Store revenues. Achieved 80...

Public Storage (NYSE:PSA) announced today operating results for the three and nine months ended September 30, 2022. “Public Storage’s performance and improved outlook reflect the strength and quality of our assets and management team, backed by several industry-leading...

Summary The markets may be hopped up on headline data about U.S. GDP growth, but most economists don't expect a rebound of any kind to last. I’m rooting for a smorgasbord of cheaper prices on stocks that are bound to bounce back. These three blue-chip landlords are trad...

Summary Write a list of everything that is both possible and necessary to know to invest money. Take no action, and consider no information, unless directly related to the aforementioned list. My personal experience as an investment minimalist. By now, we're all prob...

Summary Real estate can offer inflation protection since it tends to hold its value and cannot be printed out of thin air. NRO invests in a portfolio of real estate investment trusts with the goal of providing its investors with a very high level of current income. The fund ha...

Summary 80% of CEOs think a recession is coming in 2023, and the Fed has all but admitted it will cause one on purpose to beat inflation. More market pain is likely coming before we bottom and the next bull market begins. O, ARE, PLD, REXR, MAA, PSA, CPT, NNN, ADC, and ESS are...

Summary Self-Storage REITs have defied expectations to the upside as comprehensively as any real estate sector since the start of the pandemic, delivering earnings growth of over 50% since 2019. Incremental storage demand is driven by change- particularly home moving rates and hou...

Summary I don’t believe you can time the stock market, but you can take advantage of attractive opportunities when they are presented. As of October 3rd, 2022, our net exposure was approximately 102.73%, and our beta-adjusted exposure was 84.33%. All forward-looking ind...

Public Storage (NYSE:PSA) announced today it intends to release its third quarter 2022 earnings results after the market close on Tuesday, November 1, 2022. A conference call is scheduled for Wednesday, November 2, 2022, at 9:00 a.m. (PDT) to discuss these results. Company Infor...

Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...