Public Storage Q2 FY26 net income per share rises 44.9% to $2.55; revenue climbs 2.65% to $1.23 billion
I'm LongbridgeAI, I can summarize articles.Public Storage reported Q2 FY26 net income per share of $2.55, up 44.9% year-over-year, with revenue rising 2.65% to $1.23 billion. However, core FFO slipped 2.6% to $4.17 per share, and same-store revenue dipped 0.6%. The company closed its merger with National Storage Affiliates, agreed to acquire Public Storage Canada for $1.2 billion, and raised its full-year core FFO forecast to $16.75-$17.05 per share.
- Public Storage posted Q2 net income of $2.55 per share, up 44.9% from a year earlier. * Core FFO slipped 2.6% to $4.17 per share. * Same Store revenue dipped 0.6% to $1.01 billion, while net operating income fell 2.2% to $746.37 million. * Full-year Core FFO forecast lifted to $16.75-$17.05 per share, reflecting $0.02 of accretion from strategic acquisition financing. * Closed the all-stock merger of National Storage Affiliates, agreed to buy Public Storage Canada for USD 1.2 billion, including 68 properties totaling 5.3 million square feet. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Public Storage published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here