PSA News and Press, Public Storage From 05/04/22

Public Storage (PSA) Q1 2022 Results Conference Call May 04, 2022 12:00 PM ET Company Participants Ryan Burke - VP, IR Joe Russell - President and CEO Tom Boyle - SVP and CFO Conference Call Participants Jeff Spector - Bank of America Michael Goldsmith - UBS Ki Bin Kim - Truist Juan Sanabria ...

Global electric car sales March 2022 - Up 60% YoY reaching 15% share. China sales up 118% YoY to 26% share. Europe sales were up 10% YoY to 22% share. EV market news - Biden invokes Defense Production Act to boost EV battery production. Electric car sales soar despite ballooning batte...

The number of stocks dropped from BofA's quantmental Alpha Surprise Portfolio dwarfed the number of new entrants in April. The portfolio return was -6.8% for the month, outperforming the S&P 500 (SP500) (SPY), -8.8%, but trailing the equal weight S&P 500 (RSP), -6.4% for the month. Th...

Public Storage (NYSE:PSA) on Tuesday has restated its full-year guidance as Q1 results came in mixed but helped by strong rental income growth. Q1 core FFO of $3.65 per share beat the average analyst estimate of $3.59 and jumped from $2.82 in the year-ago period. Q1 rental income of $725...

Public Storage press release (NYSE:PSA): Q1 FFO of $3.65 beats by $0.06. Revenue of $749.27M (+15.8% Y/Y) misses by $236.31M. Achieved 78.8% Same Store direct net operating income margin, an increase of 3.0% relative to the same period in 2021. Increased Same Store direct net operating income...

Public Storage (NYSE:PSA) announced today operating results for the three months ended March 31, 2022. “Public Storage’s operating strength was pronounced with revenue growth accelerating during the first quarter as we served the needs of over 1.8 million customers,&#x...

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Public Storage (NYSE:PSA), which holds 41% common equity interest in PS Business Parks (PSB), plans to distribute to its shareholders the $2.3B tax gain it expects to recognize from the sale of PSB to Blackstone (BX), the self-storage REIT said Monday. As a result of the pending sale, Public ...

Public Storage (NYSE:PSA) (“Public Storage” or the “Company”) today provided certain updates as to the impact on Public Storage of the agreed acquisition by affiliates of Blackstone Real Estate (“Blackstone”) of PS Business Parks, Inc. (NYSE:PSB...

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