Public Storage raises 2026 guidance after third-quarter Core FFO growth
Filed with the SEC on · Summarized by InvestorsBot
Public Storage reported third-quarter 2026 net income of $1.69 per diluted share, down from $2.62 a year earlier, while Core FFO rose to $4.34 per share from $4.31; same-store revenue and NOI each increased 0.5%. The company raised its full-year Core FFO guidance by $0.10 to $16.90-$17.10 and its same-store NOI growth outlook by 90 basis points, while completing its acquisitions of National Storage Affiliates and Public Storage Canada and acquiring 25 additional facilities for $258.4 million.