Earnings Scorecard: Public Storage
Posted on March 04, 2011 at 16:35 PM EST
Public Storage (NYSE:PSA), a leading real estate investment trust (REIT) operating self-storage facilities, reported fiscal 2010 fourth quarter recurring funds from operations (FFO) of $1.45 per share, which beat the Zacks Consensus Estimate by 8 cents. (Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and [...]