PSA
Public Storage
NYSE: PSA · REAL ESTATE · REIT - INDUSTRIAL
$294.09
-1.03% today
Updated 2026-04-29
Market cap
$54.12B
P/E ratio
34.25
P/S ratio
11.20x
EPS (TTM)
$9.00
Dividend yield
3.86%
52W range
$254 – $314
Volume
1.2M
Public Storage (PSA) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
6 of 8
Last 8 quarters
Avg EPS surprise
+2.5%
Last 4 quarters
Revenue YoY growth
+3.3%
Most recent quarter
EPS YoY growth
+3.6%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-0.6%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
-5.8%
2025-10-29
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-12 | $2.60 | +4.0% | $293.84 | $300.35 | +2.2% |
| 2025-10-29 | $2.62 | +3.6% | $298.04 | $280.86 | -5.8% |
| 2025-07-28 | $2.58 | +1.1% | $287.76 | $292.57 | +1.7% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $2.50 | $2.60 | +4.0% | $1.22B | +3.3% |
| 2025-09-30 | $2.53 | $2.62 | +3.6% | $1.22B | +3.1% |
| 2025-06-30 | $2.55 | $2.58 | +1.1% | $1.20B | +2.4% |
| 2025-03-31 | $2.40 | $2.42 | +1.2% | $1.18B | +2.2% |
| 2024-12-31 | $2.55 | $2.51 | -1.6% | $1.18B | +1.5% |
| 2024-09-30 | $2.60 | $2.16 | -16.9% | $1.19B | +3.8% |
| 2024-06-30 | $2.60 | $2.66 | +2.3% | $1.17B | +4.8% |
| 2024-03-31 | $2.47 | $2.60 | +5.3% | $1.16B | — |
| 2023-12-31 | $2.73 | $2.21 | -19.0% | $1.16B | — |
| 2023-09-30 | $2.81 | $3.20 | +13.9% | $1.14B | — |
| 2023-06-30 | $2.91 | $3.00 | +3.1% | $1.12B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $10.23 | $5.2B | +7.2% | 14 | high |
| 2027 (E) | $11.85 | $6.5B | +24.5% | 14 | high |
| 2028 (E) | $12.50 | $6.8B | +6.2% | 14 | medium |
| 2029 (E) | $13.10 | $7.1B | +3.9% | 14 | medium |
| 2030 (E) | $13.75 | $7.4B | +3.8% | 14 | medium |
Frequently asked questions
Has Public Storage beaten earnings estimates?
Public Storage has beaten Wall Street EPS estimates in 6 of its last 8 quarterly reports, with an average EPS surprise of +2.5% over the last 4 quarters.
How does PSA stock react to earnings?
PSA stock has moved an average of -0.6% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is Public Storage's revenue growth rate?
Public Storage reported year-over-year revenue growth of +3.3% in its most recent quarter, with EPS growing +3.6% year-over-year.
What is the expected EPS for PSA in 2026?
Analysts expect Public Storage to report EPS of $10.23 for fiscal year 2026, on revenue of $5.2B, based on estimates from 14 analysts.