SA) is set to release its quarterly earnings on February 24, 2025, with an estimated EPS of $4.23, a 0.7% increase year over year.Public Storage (NYSESA) is a leading self-storage company in the United States, known for its extensive network of storage facilities. The company provides storage solutions for personal, business, and vehicle needs. As a major player in the self-storage industry, PSA competes with other storage providers like Extra Space Storage and CubeSmart.
On February 24, 2025, PSA is set to release its quarterly earnings, with Wall Street analysts estimating an earnings per share (EPS) of $4.23. This represents a 0.7% increase from the same period last year, as highlighted by the anticipated results for the quarter ending December 2024. Analysts also project revenues to reach $1.18 billion, marking a 1.5% rise year over year.
In the previous quarter, PSA reported a 1.18% miss in core funds from operations (FFO) per share, with a 3.3% decline year over year. However, quarterly revenues rose by 3.8% to $1.19 billion. Despite these mixed results, PSA has exceeded the Zacks Consensus Estimate twice in the past four quarters, with an average miss of 0.06% in the other periods.
The company's strong brand value and presence in key cities are expected to benefit the upcoming results. However, challenges such as low demand and high interest expenses persist. Over the past 30 days, the consensus EPS estimate has been adjusted upward by 0.1%, indicating a reevaluation by analysts covering the stock. These revisions are crucial as they often predict potential investor behavior and are strongly linked to the short-term price performance of a stock.
PSA's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of approximately 28.07, a price-to-sales ratio of about 11.39, and an enterprise value to sales ratio of around 13.29. Additionally, the enterprise value to operating cash flow ratio is approximately 19.64, and the earnings yield is about 3.56%. The debt-to-equity ratio is approximately 0.99, and the current ratio is around 0.97, indicating the company's ability to cover its short-term liabilities with its short-term assets.
