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Earnings Estimate Forecast on Public Storage(PSA)

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Public Storage(PSA): For the most recent quarter end, Public Storage reported Annual Earnings of $2.51. Based on the filings, last years Annual Earnings was, $8.9. For the most recent quarter end, PSA reported a surprise Earnings per Share of 0% . The consensus estimate for current quarter is $2.63 and for the current fiscal year, the estimate is $9.58. For the Next fiscal year, the estimate is $10.45 based on the consensus.

Public Storage has received $2.63 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 10 Financial Advisor in the Stock Trading Firms. Among 10 Analysts, Bottom line EPS Estimate for the current quarter is $2.56 while the top line estimate is $2.67 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 7.39%.

Public Storage has a Price to Earnings ratio of 24.23 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.77. For the Most Recent Fiscal Year, Public Storage has a price to cash ratio of 22.67. For the Trailing twelve month period, company showed a Net Profit Margin of 52.71% and Return on Equity of the stock is 27.2%.

Public Storage last declared its Dividend on Dec 12, 2016.

Public Storage Last issued its quarterly earnings results on Feb 22, 2017. The company reported $2.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $2.64. The company had revenue of $651.43 million for the quarter, compared to analysts expectations of $614.98 million. The companys revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.45 EPS.

Company has reported several Insider transactions to the SEC, on Dec 14, 2016, John Reyes (SENIOR VICE PRESIDENT / CFO) sold 50,000 shares at 215.42 per share price.On Nov 14, 2016, Tamara Hughes Gustavson (director 10% owner) purchased 69,763 shares at 215.13 per share price.On Jun 10, 2016, B Wayne Jr Hughes (director 10% owner) purchased 22,100 shares at 252.42 per share price.

Public Storage (NYSE:PSA) witnessed a decline in the market cap on Wednesday as its shares dropped 0.65% or 1.49 points. After the session commenced at $228.1, the stock reached the higher end at $229.71 while it hit a low of $224.84. With the volume soaring to 817,489 shares, the last trade was called at $226.24. The company has a 52-week high of $277.6. The company has a market cap of $39,239 million and there are 173,440,270 shares in outstanding. The 52-week low of the share price is $200.65.

Public Storage, Inc. is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. The Companys headquarters is located in Glendale, California. Public Storage is Americas premier storage company. Over the past three decades, the company has shown consistent growth in the number of properties owned, as well as in the range of services provided.

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