ap, Q4 and Public Storage
Digest more
Public Storage's relocation is another sign of growth at Frisco's Hall Park, which is currently home to more than 200 companies across more than a dozen buildings.
Public Storage, the chain for people who need extra space, has moved its corporate hub to Frisco from California. The company formerly was based in
Public Storage has operated out of California since its founding more than 50 years ago, but the company announced that it plans to move its corporate headquarters to North Texas.
Zacks Investment Research on MSN
Public Storage (PSA) beats Q4 FFO and revenue estimates
Public Storage (PSA) came out with quarterly funds from operations (FFO) of $4.26 per share, beating the Zacks Consensus Estimate of $4.21 per share. This compares to FFO of $4.21 per share a year ago.
Public Storage appointed H. Thomas Boyle as its new chief executive. He would succeed Joseph Russell Jr., who is expected to retire at the end of the month. Russell will also give up his seat on the board to Boyle.
Public Storage has operated out of California since its founding more than 50 years ago, but the company announced that it plans to move its corporate headquarters to North Texas.
Net operating income or “NOI” is a non-GAAP financial measure that excludes the impact of depreciation and amortization expense, which is based upon historical costs and assumes that building values diminish ratably over time, while we believe that ...
For the current year, Public Storage is expecting same-store revenue of down 2.2% to unchanged. It is projecting core funds from operations of between $16.35 and $17.00 a share for the year. Chief Operating Officer Chris Sambar said the self-storage industry was showing signs of stabilization.
Public Storage is a self-storage company in the US with over 3300 locations and 238 million rentable square feet. The company has consistently shown growth in rents and profitability and benefits from long-term industry tailwinds. The recent quarter has ...
GLENDALE, Calif. & NEW YORK--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) announced today that it has completed the previously announced acquisition of Simply Self Storage (“Simply”) from Blackstone Real Estate Income Trust, Inc ...