Benzinga | Aug 5, 2020 04:02PM EDT

Public Storage Q2 EPS $1.41 Misses $1.62 Estimate, Sales $664.54M Miss $707.82M Estimate

Public Storage (NYSE:PSA) reported quarterly earnings of $1.41 per share which missed the analyst consensus estimate of $1.62 by 12.96 percent. This is a 46.59 percent decrease over earnings of $2.64 per share from the same period last year. The company reported quarterly sales of $664.54 million which missed the analyst consensus estimate of $707.82 million by 6.11 percent. This is a 0.72 percent decrease over sales of $669.34 million the same period last year.