Published on 2 Jun 2022 on Zacks via Yahoo Finance
Public Storage (PSA) Down 6.9% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for Public Storage (PSA). Shares have lost about 6.9% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Public Storage due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Public Storage Tops Q1 FFO Estimates, Reiterates '22 View