Public Storage

PSA: XNYS (USA)
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Public Storage Earnings: Muted Demand Weighs On Move-In Rents and Occupancy

Public Storage reported middling second-quarter results as the firm reported a core FFO of $4.28 per share, 1.2% higher compared with $4.23 per share in the previous year. Demand remains relatively weak, which is affecting move-in rents and occupancy rates for the portfolio.

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