Public Storage (PSA) Misses Q4 EPS by 59c
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Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2022
February 21, 2023 4:05 PM ESTGLENDALE, Calif.--(BUSINESS WIRE)-- Public Storage (NYSE: PSA) announced today operating results for the fourth quarter and year ended December 31, 2022.
Public Storages industry-leading platform achieved record financial results in 2022, said Joe Russell, President and Chief Executive Officer. I want to thank the entire team for their focus and determination throughout the year. We enter 2023 in a position of strength, with our digital and operating model transformation enhancing the industrys highest direct operating margins, strong-growth properties in our non-same store pool comprising more than 25% of the portfolio, and a balance sheet positioned... More
