Back to top

Image: Bigstock

Public Storage (PSA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Read MoreHide Full Article

For the quarter ended June 2025, Public Storage (PSA - Free Report) reported revenue of $1.2 billion, up 2.4% over the same period last year. EPS came in at $4.28, compared to $2.66 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.19 billion, representing a surprise of +0.58%. The company delivered an EPS surprise of +1.18%, with the consensus EPS estimate being $4.23.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Public Storage performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Square foot occupancy: 92.2% compared to the 92.7% average estimate based on three analysts.
  • Annual contract rent per occupied square foot: $22.67 million versus the two-analyst average estimate of $22.23 million.
  • Revenues- Self-storage facilities: $1.12 billion versus the five-analyst average estimate of $1.11 billion. The reported number represents a year-over-year change of +1.7%.
  • Revenues- Ancillary operations: $82.44 million versus the four-analyst average estimate of $79.66 million. The reported number represents a year-over-year change of +12.2%.
  • Net Earnings Per Share (Diluted): $1.76 versus the five-analyst average estimate of $2.55.

View all Key Company Metrics for Public Storage here>>>

Shares of Public Storage have returned -1.9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Public Storage (PSA) - free report >>

Published in