How did PSA's Q1 2024 earnings surprise investors?
4/4/2025 06:10pm
Public Storage (PSA) reported an earnings per share (EPS) surprise of $0.11 for the fiscal quarter ending March 31, 2024, compared to the consensus estimate. This positive surprise indicates that the company's performance exceeded market expectations, likely due to factors such as strong operational efficiency, effective cost management, or higher-than-expected revenue growth. Investors may react positively to this news, as it suggests that PSA is performing well and could potentially lead to higher stock prices.
|code|Ticker|Name|Date|Revenue Surprise|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|PSA|PSA.N|Public Storage|2023 Q2|-6.4E7||169|
|PSA|PSA.N|Public Storage|2023 Q3|-6.1E7|0.12|169|
|PSA|PSA.N|Public Storage|2023 Q4|-5.7E7||169|
|PSA|PSA.N|Public Storage|2024 Q1|2.0E7|0.11|169|