$Public Storage(PSA-N)$ (PSA) reported Q1 core funds from operations late Monday of $4.22 per diluted share, up from $4.12 a year earlier.
Analysts polled by FactSet expected $4.13.
Revenue for the quarter ended March 31 rose to $1.22 billion from $1.18 billion a year earlier.
Analysts surveyed by FactSet also expected $1.21 billion.
The company reaffirmed its full-year 2026 core FFO of $16.35 to $17.00. Analysts expect $16.88.