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PSA

Public Storage

$291.05

Earnings Summary

Revenue
$1157.22Mn
Net Profits
$508.95Mn
Net Profit Margins
43.98%
PE Ratio
26.48

Highlights

Revenue:

Public Storage’s revenue jumped 5.76% since last year same period to $1157.22Mn in the Q1 2024. On a quarterly growth basis, Public Storage has generated -0.23% fall in its revenue since last 3-months.

Net Profits:

Public Storage’s net profit jumped 68.23% since last year same period to $508.95Mn in the Q1 2024. On a quarterly growth basis, Public Storage has generated 15.86% jump in its net profits since last 3-months.

Net Profit Margins:

Public Storage’s net profit margin jumped 59.07% since last year same period to 43.98% in the Q1 2024. On a quarterly growth basis, Public Storage has generated 16.12% jump in its net profit margins since last 3-months.

PE Ratio:

Public Storage’s price-to-earnings ratio after this Q1 2024 earnings stands at 26.48.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Public Storage post its latest quarter earnings

EPS Estimate Current Quarter
2.47
EPS Estimate Current Year
2.47

Highlights

EPS Estimate Current Quarter:

Public Storage’s earning per share (EPS) estimates for the current quarter stand at 2.47 - a -9.52% fall from last quarter’s estimates.

EPS Estimate Current Year:

Public Storage’s earning per share (EPS) estimates for the current year stand at 2.47.

Key Ratios

Key ratios of the Public Storage post its Q1 2024 earnings

Earning Per Share (EPS)
2.6
Return on Assets (ROA)
0.08
Return on Equity (ROE)
0.21
Dividend Per Share (DPS)
3

Highlights

Earning Per Share (EPS):

Public Storage’s earning per share (EPS) fell -1.89% since last year same period to 2.6 in the Q1 2024. This indicates that the Public Storage has generated -1.89% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Public Storage’s return on assets (ROA) stands at 0.08.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Public Storage’s return on equity (ROE) stands at 0.21.

Dividend Per Share (DPS):

Public Storage declared 3 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
2.47
2.6
5.26%