Public Storage raises 2026 guidance after second-quarter results
Filed with the SEC on · Summarized by InvestorsBot
Public Storage reported second-quarter 2026 net income of $2.55 per diluted share, up from $1.76 a year earlier, while Core FFO declined 2.6% to $4.17 per share. The company raised its 2026 Core FFO guidance to $16.75-$17.05 per share and expects same-store NOI to decline 2.0%-0.3%; it also completed the NSA merger on July 22, agreed to acquire PS Canada for US$1.2 billion, and expanded its financing capacity.