Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Public Storage (PSA) has issued an announcement.
Public Storage recently unveiled an investor presentation showing a slight decrease in average annual contract rent per square foot and a minor dip in square foot occupancy for their Same Store Facilities. Despite an increase in new tenant square footage, the company saw a reduction in contract rents from both new move-ins and move-outs, indicating a challenging period. For a deeper dive into the factors influencing revenue, the presentation directs readers to their latest quarterly financial report.
See more data about PSA stock on TipRanks’ Stock Analysis page.