Public Storage Q1 FFO $4.12 Beats $4.06 Estimate, Sales $1.10B Miss $1.17B Estimate

Public Storage (NYSE:PSA) reported quarterly earnings of $4.12 per share which beat the analyst consensus estimate of $4.06 by 1.48 percent. This is a 2.23 percent increase over earnings of $4.03 per share from the same period last year. The company reported quarterly sales of $1.10 billion which missed the analyst consensus estimate of $1.17 billion by 5.72 percent. This is a 1.56 percent increase over sales of $1.09 billion the same period last year.