An update from Public Storage ( (PSA) ) is now available.
Public Storage recently updated investors with a presentation on its website detailing its performance for the two months ending August 31, 2024. The data showed a decrease in average annual contract rent per square foot and a slight drop in square footage occupancy compared to the previous year. Despite more tenants moving out than in, the company’s square foot occupancy remained high at 91.6%. This presentation is part of a more comprehensive analysis available in the company’s quarterly report, which discusses the factors influencing revenue changes.
Learn more about PSA stock on TipRanks’ Stock Analysis page.
