Public Storage (PSA Quick QuotePSA - Free Report) reported $1.22 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 2.9%. EPS of $4.22 for the same period compares to $2.04 a year ago.

The reported revenue represents a surprise of +0.97% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $4.13, the EPS surprise was +2.16%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

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: 91.3% compared to the 92% average estimate based on two analysts.
• Revenues- Self-storage facilities: $1.13 billion versus the three-analyst average estimate of $1.12 billion. The reported number represents a year-over-year change of +2.3%.
• Revenues- Ancillary operations: $89.62 million versus the two-analyst average estimate of $85.7 million. The reported number represents a year-over-year change of +11.8%.
• Net Earnings Per Share (Diluted): $2.71 versus the three-analyst average estimate of $2.42.

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

Shares of Public Storage have returned +15.9% over the past month versus the Zacks S&P 500 composite's +9.3% 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.