BUZZ-Public Storage down after forecasting 2026 core FFO below estimates

Reuters

02/13

BUZZ-<a href="https://laohu8.com/S/PASDL">Public Storage</a> down after forecasting 2026 core FFO below estimates

** Shares of real estate investment trust Public Storage PSA.N fall nearly 2% to $287 in morning trading

** Co on Thursday forecast 2026 core funds from operations (FFO) below Wall Street estimates, signaling softer demand for its self-storage units

** Said it expects full-year core FFO in the range of $16.35 to $17.00 per share, the midpoint of which is below LSEG-compiled analysts' average estimate of $16.91

** Reported Q4 core FFO of $4.26 per share, compared with $4.21 per share a year ago

** Announced departure of CEO Joe Russell; Russell to step down on March 31; CFO Tom Boyle to succeed him as the next chief starting April

** Including session's move, shares up 9.9% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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Russell to step down on March 31; CFO Tom Boyle to succeed him as the next chief starting April</p><p>** Including session's move, shares up 9.9% YTD</p><p> (Reporting by Apratim Sarkar in Bengaluru)</p><p> ((Apratim.Sarkar@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Public Storage down after forecasting 2026 core FFO below estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Russell to step down on March 31; CFO Tom Boyle to succeed him as the next chief starting April</p><p>** Including session's move, shares up 9.9% YTD</p><p> (Reporting by Apratim Sarkar in Bengaluru)</p><p> ((Apratim.Sarkar@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PSA","symbol_name":"公共存储公司","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260213:nL4N3Z91GG:1","article_id":"2611116655","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611116655","pubTimestamp":1770996651,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Public Storage down after forecasting 2026 core FFO below estimates** Shares of real estate investment trust Public Storage PSA.N fall nearly 2% to $287 in morning trading** Co on Thursday forecast 2026 core funds from operations  below Wall Street estimates, signaling softer demand for its self-storage units** Said it expects full-year core FFO in the range of $16.35 to $17.00 per share, the midpoint of which is below LSEG-compiled analysts' average estimate of $16.91** Reported Q4 core FFO of $4.26 per share, compared with $4.21 per share a year ago** Announced departure of CEO Joe Russell; 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Russell to step down on March 31; CFO Tom Boyle to succeed him as the next chief starting April** Including session's move, shares up 9.9% YTD (Reporting by Apratim Sarkar in Bengaluru) ((Apratim.Sarkar@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}